Pensions and retirement

Planning your retirement – building a secure future together.

How do you picture your retirement? Most of us want to feel comfortable and secure, able to maintain or even enhance our lifestyle. Once we understand what retirement means for you, we can begin planning to make it a reality.

Retirement planning can be complex, with a bewildering array of choices: drawdown options, pension consolidation, tax-efficient contributions, investments in commercial property, or Self-Invested Pension Plans (SIPP/SSAS). To make informed decisions that support your goals, expert advice is essential.

Our role is to get a clear understanding of your retirement hopes, assess the plans you currently have, and consider your options, so we can provide straightforward, tailored recommendations. From there, we’ll create a retirement plan that aligns with your vision, keeping you updated and adapting as life changes.

Here’s an overview of our approach:

• Assess your financial needs: We’ll examine the income and capital required to support your desired retirement lifestyle, reviewing your current pension arrangements to ensure they meet your goals.
• Maximise your resources: We’ll suggest ways to create sustainable income from existing pensions, and we’ll evaluate how your savings and investments can contribute toward your retirement objectives.
• Create a realistic timeline: Together, we’ll establish a viable timeline to make your retirement goals achievable.
• Organise your estate: For a smooth transition, we’ll assist with inheritance tax and estate planning.

For business owners, we go a step further:

• Workplace pensions: We’ll help you set up workplace pensions that not only meet legal obligations but also attract and retain key team members.
• Self-invested pension funds: If it’s right for you, we’ll explore using a self-invested pension fund to purchase your business premises, helping secure your financial future while supporting your business.

Our retirement planning services are delivered through BW Financial Services Ltd (BWFS), a partnership between Bates Weston and Boolers, one of the UK’s leading independent Chartered Financial Planners. Together, we bring specialised expertise to help business owners and individuals alike achieve a secure and fulfilling retirement.

BW Financial Services Ltd, firm number 189042, is an appointed representative of David Booler & Company, which is authorised and regulated by the Financial Conduct Authority.