A pension is a tax efficient way of saving for retirement and is a long term savings plan, which is used to provide money when you retire. The money you contribute to a pension builds up until you decide to retire or access the pension fund. Currently the earliest age you can access a pension is age 55 and will increase to age 57 in 2028, under current legislation.
When establishing a Pension is it vital that you seek independent financial advice to ensure your needs and objectives are met. When planning for retirement it is vital to regularly review your situation and your retirement goals. Our Investment Service provides you with an annual review of your pension and assists you in planning to ensure you are on track for a comfortable retirement.