Pension Planning

For some, retirement is a golden era when they have the time and financial resources to fulfil plans, treat the grandchildren and take frequent holidays. For others retirement is a time to scrape by on a much reduced income.

We will identify how much you need to save towards your retirement by taking account of what you already have and what you need to do to meet your retirement goals.

Having a sufficient income in retirement should be a major financial priority, as it is obvious that one day you'll retire and when you do, how will you support yourself financially?

At present there are tax incentives for pension planning, which everyone should take advantage of, including those few who are wealthy enough not to worry about their retirement income. 

A pension is the financial commitment which most consumers put off, the one which they fail to start when they should, but it is also the product that they are most happy they started.

Whatever your age, pension advice from Malory Investment Services can make a big difference to the quality of life you enjoy when you retire. We can help you to choose the right pension to suit your personal circumstances. We guide you through the various options you have on retirement. The earlier you start putting money aside to provide for a comfortable retirement, the better. But even if you start a pension later in life, there are still a number of options to choose from.

When your pension matures, there's the question of how to make the best use of the money that's been accumulated and whether to opt for an annuity, open market option or pension drawdown.

We can even advise you on your existing pension to determine how effective your pension is in meeting your retirement goals.

Even business owners need to prepare for the future, they may think that at retirement they will sell off the business and live off the proceeds, however there is a number of risks associated to this plan, including the fact that the business may fail, or the proceeds may not provide a comfortable income, at time of retirement. 

Need access to your pension plan? Over 55?

You could be eligible for up to 25% of your fund, tax free, through a Pension Annuity.

A Pension Annuity provides you with a guaranteed income for the rest of your life. It is bought using money from your pension fund and is a low risk option. You can buy a Pension Annuity providing you have at least £10,000 remaining after you've taken any tax-free cash from your pension fund.

Use the form to the right to request a FREE one hour pension consultation and find out if you can get access to your pension cash.

To find out more about Pensions and to get the advice you need, please either call us on 0141 637 6735  or complete our quick enquiry form to the right, and we'll call you straight back.

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