Retirement Planning

Much like marmite, you’ll either love or hate pensions. To Chatfield, retirement planning is more that just pensions. Retirement planning is about putting in place alternative sources of income to replace that ‘day job’ for when you no longer want to do your ‘day job’.

Pensions

Used correctly, pensions can provide valuable tax benefits and a secure source of income. Chatfield has significant expertise of pensions in both defined benefit (i.e. final salary) and defined contribution (e.g. personal pension) forms.

Whatever stage of life you are at, pensions will invariably form an integral part of maintaining your lifestyle in retirement. We therefore advise on all aspects of pensions planning, for example:

• Personal pension, SIPP and SSAS options
• Income drawdown
• Annuity settlements
• Investment of pension funds
• Transfers between pension schemes
• Pension consolidation and management
• Specialist pension planning for business owners
• Ill health pensions
• Pensions and divorce

We can review any current pension plans you have.  Knowing all the complex rules we can make sense of the details for you and create the best value by ensuring you are making the most of any contractual benefits, not being overcharged or taking any unnecessary risks.

If you would like to discuss your pension planning in more detail, please contact us.