Executive Retirement Plans
If you’re a business owner, director or senior executive of a company, you undoubtedly have an extremely demanding work life. You work hard today to ensure you can enjoy tomorrow and you want to have the financial provisions in place to do just that. However close or far you are to retirement, taking professional advice on your pensions and savings arrangements can have a major impact on your financial well-being in later life. We know some company owners view their business as their pension. But how can you be sure that you will be able to sell your shares, our even the whole business, at the time you retire?
An executive pension will allow you to benefit from pension contributions paid by the company on your behalf. It also allows you to provide for your pension fund which is independent of the company’s assets and its future profitability.
Why taking out a pension is important?
These days we are living longer than previous generations. In fact, most of us can now look forward to 20 or even 30 years of retirement. A pension can help you plan for these years, whether you want to retire to the country, travel, or spend time with your grandchildren.
The right time to start a pension
The money you save into your pension plan is invested so that your fund can grow over time; this is why the earlier you start a pension plan, the more time your retirement fund will have to grow and the bigger your pension assets will be.
Finding the right pension
There are a few factors to consider when choosing your pension plan, such as your employment status, whether you’re an investor or a novice and your attitude to investment risk. Whatever your personal circumstances are, we can help you choose the type of pension that works for you.
Talk to one of our expert pension planning specialists today to begin preparing for a successful retirement!Back