Understand
We will help you to understand what pension provisions you have and explain what it means for your future.
Knowing your retirement options can be invaluable in today’s fast-moving world.
Many people have no idea what they have saved for retirement or even a sense of what it means for their future.
At Eames Laurie Financial Services we will help you understand your options and plan for retirement.
We will help you to understand what pension provisions you have and explain what it means for your future.
We will work with you to plan what needs to be done to get you to where you want to be financially when you retire.
We will manage the right investments for you so you can achieve the retirement you want and deserve.
We will be with you on this journey for your lifetime and beyond. Retirement planning is a lifelong process.
But many of us are not planning well, or early enough. Some aren’t planning for retirement at all.
Your pension is one of the most important, long-term savings commitments you will make. Planning your pension sooner, rather than later will mean you’ll have a longer period to meet your financial goals and are more likely to be better off in your retirement.
The pension annual allowance is the maximum amount that can be contributed to your pension each year, while still receiving tax relief. The annual allowance for pension contributions in the 2023/2024 tax year is £60,000. However, there are limits to the level of tax relief you can receive. Tax relief will only be given on 100% of your earnings or £60,000, whichever is the lower. This will differ if the reduced Money Purchase Allowance applies, or if your adjusted income exceeds £260,000.
We’ll help you to arrange a personal pension which you can make either a lump sum or regular payments into.
A workplace pension is a way of saving for retirement arranged by your employer. It is sometimes called a company pension or work pension.
You may have worked for several employers throughout your career and have several pension pots. You may even have lost pensions. We can help you find and consolidate these into one, making it much easier for you to plan for the future.
A Self-invested Personal Pensions (SIPP) is a Defined Contribution Pension that gives you flexibility around how you manage your pension. We can provide you with the expert advice and guidance to help you manage your SIPP and give you advice on whether this type of pension is right for you.
The pension you receive from the Government when you reach state pension age. In 2023/24 the full state pension payments will be £203.85 per week.
