Pensions Advice, Retirement Planning - Investment Financial Adviser Dunfermline, Fife, Scotland UK

Posted by William on September 28th, 2007 in Pension Advice

A common feature of today’s pensions market is the number of people who have multiple pension plans. The reasons for this are numerous but the stories people tell me are mostly the same - “I’ve got all these pension statements coming in at different times and I don’t have a clue what they mean. I have no idea how my pensions are performing or if I’ll have enough money in my pot come retirement.”

If this sounds like you then it may be a good time to review your situation to see if pension consolidation is in your best interests. At the very least you should then be able to understand exactly what assets you really do hold, rather than wondering nervously or simply guessing.

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Posted by William on September 21st, 2007 in Pension Advice

April 6, 2006 was known as A-Day whereby the Government introduced a long overdue overhaul of pensions legislation in order to simplify our current system. A-Day affected anyone with a personal or company pension (more on A-Day in a different article).

This legislation created what are known as Unsecured Pensions and Alternatively Unsecured Pensions. Today we are going to take a closer look at the benefits and drawbacks of what these new forms of pensions are. They are often also known as “income withdrawal”.

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Posted by William on September 21st, 2007 in Pension Advice

“John” is a 41 year old self-employed joiner who came to me last week asking about personal pensions. Like a lot of people he is getting concerned that his pension is not on target and he wants to increase his contributions.

As is often the case he was advised by an “expert” friend who suggested that he should take out a SIPP (Self-Invested Personal Pension). Like all aspects of financial advice it very much depends on the clients personal situation as to which vehicle is most suitable in fulfilling their retirement needs.

Lets take a look at the case for and against SIPPs :-

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Posted by William on September 14th, 2007 in Pension Advice

Hi folks,

I’m in a bit of a rush this morning to get through things before the weekend but thought you’d like to see this video. It will certainly stir some emotion if you plan to retire to be with relatives down in Australia or have already done so. If you can relate to what these two Brits are saying - both retired and both abroad but in different countries, then tell us your slant. I’d appreciate hearing your thoughts.

You can see the video on the next page.

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