CS Retirements Pension Advice

Pension advice usually consists of an adviser understanding your current situation as well as what it is you want to achieve in later life, and advising you on the best approach to take. It could be you want to take a lump sum, or invest your pension and take regular drawdowns as an income. Or you might want to be flexible.

But this is all the kind of thing that a lot of people genuinely struggle to work out, and it is no surprise that many people end up requiring some kind of advice or help along the way to ensure that they use their pension wisely and in the best way possible. As it happens, there are many things that you will need to try and understand about pensions, and about finding the necessary help to ensure that you know what you are doing.

Why Pension Advice Is A Good Idea

Most people will get to retirement not being one hundred per cent certain of what they should be doing or how to go about it. If you are over the age of 55 you might feel that you would benefit from receiving some expert pension advice.

That can help you to become calmer around the whole issue of the pension pot, and it will equip you with the right kind of tools so that you can make sure that you are going to make the right decisions for yourself. Both of those are very important, so it is a good idea to seek out advice as soon as possible.

Timing

It’s important to make sure that you get advice on your pension at the right time. Laws around pensions can change and even if you’ve had advice in the past, it may be that there is something more suitable now. You need to make sure that you are receiving up to date and timely information which is genuinely relevant at the moment.

If you’re over 55, you can start thinking about pension as this is the point from which you can start to take money out of it.

The Necessity

There is another reason that you might want to make sure that you get advice on using your pension: in many cases, it might actually be a legal requirement to make sure that you do so. If you are to make any transfers worth more than £30,000, you need to have it signed off by law by a financial adviser.

Where To Find Advice

At CS Retirement Solutions, we offer expert advice, so you can be comfortable that you are going to be in a much better position overall and that you will know how best to manage your pension and plan for the future.

Get in touch or call us on 0330 332 5432.

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.

HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.