Retirement Planning

An integral part of all investment portfolios is to plan for income in retirement. It is necessary to have created sufficient assets and funds to provide a replacement income when we stop work.

Retirement planning has two essential elements. The first is to decide on the best possible application of assets and investments through the tax relief and legislation provided. The second is to ensure the best possible return and tax treatment of the accumulated funds when the income is required.

Retirement planning needs constant monitoring during the investment period ~ to make sure that it meets the expected pension benefits and that it makes the most of the legislation that applies at any particular time.

The criteria applying to retirement funds often change on a regular basis, and it is important fro Crannog Asset Management to be aware of these issues so that our client's do not miss out on any potential increased market benefits.

Recently, pension legislation has changed to provide better options after retirement. These options mean that pension funds are now considered an asset to the individual. As an asset, these funds can be used during your working life to support financial solutions other than retirement income. These added advantages make retirement planning as much a part of day to day finances as a mortgage, and as such should be integrated into all financial management as early as possible.

If you would like to get further information on any of our retirement products please contact us by phone or e-mail.