Which Pension should I invest in?

Pension Questionnaires

Other Pension Products

Click on the picture below to open the brochure

Retirement Brochure

Sipp Brochure

What Are Personal Pensions?

Both SIPPs and Stakeholder plans are types of Personal Pension. The Stakeholder plan was desgined to offer a limited choice of funds for a low annual fee. The SIPP was designed to allow extra flexibility in terms of the investment choices available and flexible retirement options. Because of the competition for business in market there is now a good range of Personal Pension plans that offer neither the total flexibility of the SIPPs nor the very low charges of the Stakeholder plans but a combination of the two.

What do Personal Pensions do?

Although all pensions plans vary in terms of the exact options they allow, the table below reflects the most common plans available

Accept Personal contributions
Accept employer contributions
Accept third party contributions
Accept pension credits on divorce
Accept contributions by cheque
Accept contributions by Direct Debit
Accept contributions by Debit Card
Waiver of Premium benefit
Apply basic rate (20%) tax relief to personal contributions
Higher rate tax payers can apply for an additional 20% tax relief by completing a tax form an submitting this to their local tax office
Allow tax free cash to be taken at retirement
Accept Protect Rights
Accept Transfers In
Allow Transfers Out
Allow premiums to be increased reduced or stopped at any time
Allow investment into collective funds
Allow investment into stocks & shares
Allow investment into commercial property
Allow an income to be drawn directly from the fund (USP), formerly known as' Income Drawdown'

 

Why Should I Invest In a Pension?

State provision for retirement is inadequate for the vast majority of people and it is likely to get less as we all live longer without a proportional increase in the State retirement age. Making independent provision for your income in retirement is, therefore, now more important than ever.

How Do I Invest in a Pension?

Step 1: Complete the appropriate Investment Questionnaire depending on whether or not you wish to receive an income from your investments.

Step 2: We will check through your questionnaire, assign you a client number and email you links to the appropriate product application form(s) and compliance documentation.

Step 3: Upon receipt of your completed documentation and funds, we will invest your monies into the recommended products as per your stated risk profile.

Step 4: Once the policy is set up, we will provide our excellent ongoing support package. For more details, click here.

For further details about pensions, to request a Pension Shortfall Analysis or to talk about which route for saving for your retirement is best for you, request a callback by clicking here.