Pension Advice

Expert Pension Advice in Manchester & the North West

Planning for retirement is a crucial financial step and having the right pension advice can make all the difference. At RAE Financial Advisory Services Ltd, we offer expert pension planning services in Manchester and the North West, including Stockport, Altrincham, Wilmslow, Handforth, Northwich, Middlewich, Crewe, Warrington, Widnes, Newall Green and Wythenshawe, ensuring you make informed decisions to secure your financial future.

Why Choose RAE Financial Advisory Services Ltd for Your Pension Advice?

Navigating the complexities of pension planning requires expertise and a personalised approach. Our team, led by founder Ramzy Abu-Eda, is dedicated to providing you with tailored advice that aligns with your retirement goals and financial circumstances. We take the time to understand your unique situation and offer solutions that work best for you.

Our Approach to Pension Planning

Assessment of Your Pension Pot

We begin by conducting a thorough assessment of your current pension arrangements, including any workplace pensions or private plans you may have. This helps us understand your existing provisions and identify any gaps in your retirement savings.

Understanding Your Retirement Goals

Next, we discuss your retirement goals and aspirations in detail. Whether you're looking to retire early, travel the world, or simply maintain your current lifestyle, we tailor our advice to help you achieve your objectives.

Creating a Customised Pension Strategy

Based on our assessment and your goals, we create a customised pension strategy that outlines the steps you need to take to reach your retirement objectives. This may involve consolidating existing pension pots, maximising contributions or exploring alternative pension options.

Implementation and Monitoring

Once a strategy is in place, we help you implement it, ensuring your pension investments are aligned with your goals. We also provide on-going monitoring and reviews to ensure your pension remains on track to meet your retirement needs.

Additional Pension Services

In addition to retirement planning, we also offer a range of pension-related services, including:

Pension Transfers: If you're considering transferring your pension to a different scheme, we can help you weigh the pros and cons to make an informed decision.

Annuities and Drawdown: We provide advice on annuities and drawdown options, helping you choose the most suitable option based on your retirement goals and financial situation.

Pension Tax Planning: We help you navigate the complex landscape of pension tax rules, ensuring you make the most tax-efficient decisions for your retirement savings.

Retirement Income Planning: We assist you in creating a plan for generating income during retirement, taking into account your pension, investments and other sources of income.

Pension Financial Advice FAQ

What is a pension?

A pension is a long-term savings plan designed to provide you with an income in retirement. You contribute to your pension during your working life and the money is then invested to grow over time.

When should I start planning for my pension?

It's never too early to start planning for your pension. The earlier you start saving, the more time your money has to grow. However, it's also never too late to start and even small contributions can make a difference.

How much should I contribute to my pension?

The amount you should contribute to your pension depends on your individual circumstances, including your age, income and retirement goals. A financial advisor can help you determine the right amount for you.

What are the different types of pensions available?

There are several types of pensions available, including workplace pensions, personal pensions and self-invested personal pensions (SIPPs). Each type has its own features and benefits, so it's important to choose the right one for your needs.

How can I track down a lost pension?

If you've lost track of a pension from a previous employer, you can use the government's Pension Tracing Service to help you find it. You'll need some information about your former employer to use the service.

Can I take my entire pension as a lump sum?

In most cases, you can take up to 25% of your pension pot as a tax-free lump sum. The rest of your pension will be used to provide you with a regular income in retirement.

Helpful Links

- National Employment Savings Trust (NEST)

- Occupational Pensions / Auto Enrolment

- SSAS

- SIPP

- Executive Pension Plan

- State Pension

- Annuities

- Stakeholder

- Personal Pension Plan

Contact Us Today for Pension Advice

Take the first step towards securing your financial future by contacting RAE Financial Advisory Services Ltd at 07957656773. Our expert financial advisors are ready to provide you with the pension advice you need to retire comfortably. Contact us today to schedule a free initial consultation with no obligation and start planning for your retirement.