Gary O'Brien’s Post

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

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

🔒 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!

As you look towards retirement in your 50s, it’s crucial to understand the rules for qualifying for the State Pension, how much you’ll receive and from what age. The State Pension forms a significant part of most people’s retirement income. Yet, there’s often confusion about its specifics. In your 50s, it’s imperative that you understand the qualifying criteria, how much you’ll receive and from what age. You can obtain a State Pension forecast from the government website which helps you understand how much you could get and how to increase it. Monitoring your National Insurance (NI) contribution record is also essential, and you can fill any gaps in contributions from the last six years through voluntary payments. To find out more about financial planning in your 50s as you look towards retirement, read our article here 👉 https://buff.ly/3vG8mW0

Don't let the complexities of pension claims hold you back. Mis-sold FSAVC pension plans should not ruin your retirement. Download our checklist at https://lnkd.in/em2ke_7e and begin your journey towards rectifying this issue. #nhspension #teacherpension

If you're planning for retirement, understanding pension plans is crucial! A pension plan offers a reliable source of income after you retire, but do you know how it works and how it fits into your financial future? This article from Investopedia breaks down some points you may want to know: 🔑 Types of pension plans 🔑 How pension plans work 🔑 How to set up your own pension plan Want to know more? Click the link below to get the full analysis👇 https://lnkd.in/gTKb4Qti   #PensionPlans #RetirementPlanning #RetirementStrategy #FinancialSecurity

Are you sure you're getting the most out of your pension plan? 🤔 Does your accountant proactively manage your pension contributions? At MJB Avanti, we're dedicated to optimizing your pension to ensure a comfortable retirement. Come and tell us about your financial goals for the future! #PensionPlanning #MJBAdvantage 👉🏻 mjb.co.uk

We aim to provide a pension plan that is market-leading for its flexibility and can be tailored for each individual corporation, within a competitive charging structure. We will work with you to identify the major motivations and objectives for your retirement and pension benefits. We use this knowledge, as well as our industry, pension, and regulatory experience, to help you develop a retirement and pension strategy that will complement your overall company strategy. #AdvisaWealth #FinancialAdvisors #Investments #FinancialMatters #FinancialConsultants

Frequent job changes mean it’s common to leave pension savings with past employers, but this could hinder your retirement planning. Before choosing the easiest route and leaving your pension behind, consider how this impacts your long-term financial goals. Read here for more info: https://lnkd.in/e5qGyxUb Explore your options such as transferring your pension or moving it into a Personal Retirement Bond for better control. Unsure about the best path forward? Visit Advice First to make informed decisions about your pension plan and ensure it aligns with your retirement objectives.

Your pension is your ticket to a secure retirement, but how does it actually work? ✅ You (and possibly your employer) contribute regularly to build your pension pot ✅ You receive tax relief on your contributions ✅ Your investments can grow over time From age 55 (soon to be 57 in 2028), you can take up to 25% tax-free, then decide how to manage the rest—withdraw, invest, or keep growing that pot! Want to make sure you're on track for a comfortable retirement? Get in touch today for expert advice on understanding your pensions👇 https://lnkd.in/ezryGABy #PlanYourFuture #PensionPlanning #FinancialSecurity #PensionAwarenessWeek