Callum Duffy’s Post

Would you consider having a greater degree of control over your investments compared to more traditional pension arrangements? If you would then you might want to take a look into a Self-Invested Personal Pension (SIPP) Choosing between a SIPP and a traditional pension depends on your personal circumstances, investment knowledge, and retirement goals. A key difference between SIPPs and other types of pension is the wider availability of investments, but it can also be tempting to stray into assets you don't fully understand. Getting independent advice is vital here. We are sharing more information on SIPPs in our blog. You can find it here: https://lnkd.in/eGHkyYms

🔒 Account Based Pension 🔒 Commencing an Account Based pension will ensure the earnings of your fund remain tax free for the remainder of your life as well as providing a regular income stream to maintain your lifestyle in retirement 📈 There are many benefits of an Account Based Pension, some of which include: ✅ You can vary the amount of income you draw each year ✅ If you are over age 60, income from your Account Based Pension is not taxable ✅ You will pay less tax as your retirement savings will be held in a tax-free environment Take a look at our FULL article on 'Account Based Pension' for the full details and considerations you should make ⬇️ https://buff.ly/4aVUQ0k Speak to your Financial Adviser at Financial Edge Group for a tailored strategy!

How do you build a £650k pension pot if you start at age 25, 35, 45 or even 55? We’ve broken it down into these illustrations and included target pension contributions per month that you would need to make to reach the pension pot size for a comfortable retirement. Find out more 👉 https://hubs.li/Q02yBPsG0 [Capital at risk] Past performance is not a guide to future performance.

How your employees choose to take their pension savings at retirement is a personal choice. Help them make an informed decision with bite-sized pension videos from The People’s Pension. The videos explain their options and things they need to consider before accessing their pension pots, as well as other useful hints and tips. If they’ve got a question not already covered then The People’s Pension would love to hear from them! Share this link and get them to ask a question here > https://bit.ly/3TY8dYk

Are your self-employed clients contributing to their pension? 🤔 In 2023, 76% of self-employed people were not paying into a pension and 38% didn't have a pension at all. Since they aren't automatically enrolled into a pension scheme like most people, they're at risk of being left behind later in life. 💔 Fortunately, working with a financial planner could help them build their savings and secure a comfortable retirement. If you think your clients could benefit from a robust retirement plan and guidance about pension contributions, read our blog, linked below. 💸 https://lnkd.in/eUsRjyuq

To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension. Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications: https://ow.ly/aVXJ50SmmgU #RetirementPlanning

Are your self-employed clients contributing to their pension? 🤔 In 2023, 76% of self-employed people were not paying into a pension and 38% didn't have a pension at all. Since they aren't automatically enrolled into a pension scheme like most people, they're at risk of being left behind later in life. 💔 Fortunately, working with a financial planner could help them build their savings and secure a comfortable retirement. If you think your clients could benefit from a robust retirement plan and guidance about pension contributions, read our blog, linked below. 💸 https://lnkd.in/eui5_4_7

How do you know if a SIPP is right for you? A self-invested personal pension (SIPP) gives you full control over what you invest in for your retirement. It’s flexible, tax-efficient and simple, but is it right for you? Find out more here: https://lnkd.in/erZ-sDvf When investing, your capital is at risk.

While it can be easy to fall into the trap of putting saving for retirement to one side, it’s important you start paying into a pension as soon as possible to ensure you have enough saved to live comfortably in retirement. Swipe to find out how you can save into a pension when you’re self-employed, and the tax incentives you could take advantage of to boost your savings. Read the full article: https://lnkd.in/e_XY4xdH Capital at risk.

Are your self-employed clients contributing to their pension? 🤔 In 2023, 76% of self-employed people were not paying into a pension and 38% didn't have a pension at all. Since they aren't automatically enrolled into a pension scheme like most people, they're at risk of being left behind later in life. 💔 Fortunately, working with a financial planner could help them build their savings and secure a comfortable retirement. If you think your clients could benefit from a robust retirement plan and guidance about pension contributions, read our blog, linked below. 💸 https://lnkd.in/eD9FUYnc