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We have seen retirement options move from controlled flexibility right through to total access and at the end of 2015, dramatic and unexpected changes made to death benefits, that finally mean that many investors can see this fund being available for their families and beneficiaries down the generations.
The key decision you need to make is how to build a fund of an adequate size to support you and your lifestyle throughout a period of retirement that for many of us is predicted to get quite a bit longer than our previous generations.
Here are some of the recent changes and their affects:
Pensions may not have got much simpler in recent years, but they definitely have become more attractive.
However you decide to accumulate enough wealth to live comfortably in later life, it should be a priority and at Willis Wealth Management we can help you towards that goal by showing the progress you have made and helping you understand what you can do to reach a satisfactory target and successfully manage your retirement years.
Contact the Willis Wealth Management team today on 028 9032 9042 or complete our quick enquiry form to see how we can help you benefit with your pension planning.