Setting up a Pension
With the wide assortment of pension products available it can be very difficult to decide upon the best way of planning for a comfortable retirement.
- How much should I save into my pension?
- How much can I save without incurring a tax penalty?
- What are extra options under the new rules and are they appropriate to me?
- What are my options when I come to take benefits from my pension?
- Now the tax treatment for all types of pensions is similar, how can I tell which are best suited to my needs?
- Is there any action I ought to consider taking in view of the rule changes to safeguard my benefits and make the most of tax breaks under the new regulations?
I, with the help of my support team, offer advice on the most suitable options for you and also offer regular reviews, designed to keep your pension arrangements up to date. It is best to start early and under the new rules parents and grandparents can now start a pension for a child to try to ensure their financial security in later life
Many of you will have accumulated a mixture of different pension policies over your working life. It is often better to consolidate them and reduce charges, paperwork and, potentially, improve investment returns. I and my support team offer guidance where we believe there may be a more suitable arrangement.
Please contact me if you would like up to date information about A Day Pension changes which came into force on 6th April 2006 and the effect they may have on your pension planning
The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.
- Foster Denovo Limited is authorised and regulated by the Financial Services Authority. Foster Denovo Limited is entered onto the FSA register (www.fsa.gov.uk/register) under reference 462728.
- The Financial Services Authority does not regulate taxation and trust advice.
- The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
- Foster Denovo Limited is not a partnership in the legal sense, but uses the concept of partnership to symbolise commitment of its advisers to the same values and ideals, the number one of these being their commitment to looking after their clients.