Gilson Gray Financial Management’s Post

When you look at your pension pot value – do you just see numbers on a screen? Here's a few tips in what you might want to consider when it comes to your pension pot: 📈 Do you understand the underlying investments? 👨👩👧👦 Have you declared a beneficiary or beneficiaries on your expression of wishes? ✨ Will your contributions help you achieve the retirement you’re dreaming of? ✒ Are you aware of the changes or new features that may be available to you? Lots of the questions you may not have the answer to and that’s ok. Remember it’s not just digits on a screen, it’s your financial future. Get in touch for a review. Wealth Transform Limited #FinancialFuture #RetirementPlanning #RetireSmart #PensionAdvice

Pension Freedom: Introduced within the tax year of 2015/2016 after Chancellor George Osborne announced a significant change in how people can access their pension upon retirement back in 2014. Do you know if this affects you? Take a look at our short video that explains what it changed, who it concerns and the key things you need to look out for👇🏽 #PensionFreedom #RetirementPlanning #FinancialPlanning

Pension Freedom: Introduced within the tax year of 2015/2016 after Chancellor George Osborne announced a significant change in how people can access their pension upon retirement back in 2014. Do you know if this affects you? Take a look at our short video that explains what it changed, who it concerns and the key things you need to look out for👇🏽 #PensionFreedom #RetirementPlanning #FinancialPlanning

Attention Business Owners and Company Directors 📢 Do you know the value of your pension?  📢 Are your investments performing?  📢 Do you have more than one pension?  📢 Has your risk appetite changed?  📢 Do you need to increase your contributions and get better tax relief? 📢 How can you be financial independent?                                    Regardless of whether you have a private pension, or you plan to rely on other sources of income having the full picture will help you when it comes to making decisions about and planning for your retirement. Don't forget the tax reliefs available on pension contributions. #financialplanning #retirementplanning #pension #tax #saving #investments #ad #wealthcreation #businessowner

Pension Freedoms since 2015 allow you to access your pension with flexi-access drawdown, letting you withdraw lump sums whenever needed. While this flexibility is a great advantage, it’s essential to carefully monitor your withdrawals to avoid running out of money later on. 🎯 Finding the balance between enjoying your retirement now and managing future costs can be tricky. Discover how to navigate this challenge and make the most of your pension in our latest article, The top financial risks that you could face in your 40s, 50s, and 60s and how to protect your wealth. https://lnkd.in/erNXeApT #PensionPlanning #RetirementSavings #FinancialFreedom #PensionDrawdown #RetirementPlanning

❓When you look at your pension pot value – do you just see numbers on a screen? There’s many things you might want to consider when it comes to your pension pot, like: - Do you understand the underlying investments? - Have you declared a beneficiary or beneficiaries on your expression of wishes? - Are you still in the same fund from when your pension was set up? - Will your contributions help you achieve the retirement you’re dreaming of? - Did you know that you could make single lump sum payments? Lots of the questions you may not have the answer to and that’s ok, because we can help you with them. Remember it’s not just digits on a screen, it’s your financial future. Get in touch for a review: 📞 01745 585474 🖥️ www.ascentfp.co.uk ⌨️ info@ascentfp.co.uk #FinancialFuture #RetirementPlanning #RetireSmart #PensionAdvice

The reality of being an expat in the Middle East can be fantastic, but it's important to plan for your future financial security. Unfortunately, in most cases, there isn’t anything automatically put in place to provide for this. While there is a gratuity linked to your salary, it usually doesn't benefit from regular contributions or compound growth like a pension scheme does. Don't wait until it's too late to start saving! Prioritise your future self and start your retirement planning today. #financialplanning #financialadvisor #investing #financialfreedom #retirementplanning #longterminvesting #financialfreedom

𝐀𝐫𝐞 𝐲𝐨𝐮 𝐝𝐨𝐢𝐧𝐠 𝐞𝐧𝐨𝐮𝐠𝐡? Sadly, financial planners (c98% of them) charge percentage based fees. They primarily serve those who already did enough to save for retirement… The responsibility truly now sits with each of us to prepare for our financial futures. If you are worried you are falling behind don’t be too hard on yourself, but try to remove friction to enable you to save more tomorrow, tomorrow. Eg - arrange with your employer to have some of every payrise diverted to extra pension contributions: what you never had, you don’t miss! Do you feel confident you are doing enough? #enough #ukretirement #savings

Came across the Scottish Widows Pension Mirror yesterday It predicts your age using your camera on your phone and then tells you the average pension pot size for that age. Having tried it, it got my age spot on but the average pension pot is a lot lower than I thought it would be. Full disclosure, I've not checked if it's per pension pot or total pension savings. Have a go at it, but even if you are well above average, I wouldn't let it deter you from continuing to save. The more you have in your own pension, the more options you are going to have in the future link in comments #pension #retirementplanning #financialplanning

As Generation X starts to retire, research has found that many don’t feel confident about their financial future. So, our latest blog has 7 practical tips that could help you feel more confident about your retirement, from managing debt to maximising pension tax relief. Click the link below to read now. https://lnkd.in/di93xB9X