Post Retirement Planning

You can retire from age 50 (55 from 2010) and choose from the use either of an Annuity, Unsecured Pension or Phased Retirement along with a lump sum, or a combination thereof for your personal or own business pension arrangements. Everybody’s circumstances are different so it is virtually impossible to say which choice or choices are best without making a thorough assessment of your personal circumstances (how old you are, your health, your life, expectancy and what spouse and or dependants you have) and your financial situation (what other sources of capital or income you have, including your NHS pension benefits) in light of your attitude (to risk, future annuity rates and investment returns) and needs (income and additional benefits required).