Stakeholder	Personal	SIPP's

As a nation we are poorly prepared for our retirements. The state is unable to afford a pension that gives an acceptable standard of living so it falls to the individual to ensure they are adequately preparing for their later years.

Retirement planning is a holistic look at all elements of investment and saving. The aim of this plan is to create a collection of assets that will grow in value and provide and income sufficient for your needs so that you do not have to work.

Pensions offer significant tax advantages for saving for retirement. The government will give back the tax that was paid on the money you contribute to the scheme. The fund will grow free of capital gains and income tax and will only suffer the tax deducted on dividends while it grows. If you die before you access the fund it is paid to your designated beneficiaries free of inheritance tax. Only 46% of people are contributing sufficiently for their retirement. We have access to tools to help you decide how much you should contribute to achieve your retirement plans.

Research, conducted by Scottish Widows, states that most people have 4 pensions that they have accumulated from previous employments. These schemes are not understood or reviewed by the people who hold them and they have little idea what they will be worth at retirement. Alexander Calder can review clients existing pensions and benchmark those schemes against the best on offer today. By moving a pension and consolidating pensions together a client can potentially gain from a lower costing scheme or more active investment management.

To book a free initial consultation to review your pensions call Alexander Calder today and  an adviser will arrange to meet you at a time and place convenient to you.