Retirement Options that are easy to understand

At Proper Pensions, we understand that retirement planning can be complex, which is why we offer a range of retirement options to help you make the most of your savings.

H O W W E C A N H E L P

At Proper Pensions, our goal is to help you achieve a secure and comfortable retirement.

Our team of experienced financial advisors is here to help you every step of the way. Contact us today to schedule a consultation and find out how we can help you take control of your retirement savings.

A few retirement options to consider

Annuities

An annuity is a financial product that provides a guaranteed income for life. We offer a range of annuity options that are designed to meet your individual retirement needs.

Drawdown

Drawdown provides a flexible source of income during retirement, allowing you to withdraw funds as and when you need them. Our drawdown service is designed to help you make the most of your pension savings while still having access to your funds.

Lump Sum

You may be able to take a lump sum payment from your pension savings. Our team of financial advisors can help you understand the potential tax implications of taking a lump sum payment and provide you with tailored advice on how to make the most of this option.

Combination of Options

We understand that everyone's retirement needs are different, which is why we offer a range of retirement options that can be combined to meet your specific requirements. Our team of experienced financial advisors can work with you to determine the best combination of options to achieve your retirement goals.

Retirement Options FAQs

  • The answer to this question depends on the type of pension you have and how it was set up. Our team of experienced financial advisors can review your pension(s) and explain the options available to you.

  • You don't have to take your pension options from your current provider. There are three main options: drawdown, annuity, or a combination of the two. Our team can recommend the best option for you based on your personal and financial circumstances.

  • You don't have to take the full 25% of your tax-free cash all at once. You can take it as and when you need it. We can also help you utilize any unused tax code to preserve your tax-free cash.

  • Whether or not you have to pay tax on your pension income depends on a variety of factors, such as how much you take, how you take it, and your other sources of income.

  • The answer to this question depends on how much access you need and your individual circumstances. Our team can review the options available to you and help you make an informed decision.

  • An annuity is a financial product that provides a guaranteed income for life. It may be appropriate for someone who wants a set income for life, but once it is set up, it cannot be changed or moved. There are different ways to set up an annuity, including provisions for a spouse's pension once you die. Our team can help you understand if an annuity is the right option for you.

Request a Callback

At Proper Pensions, our goal is to help you achieve a secure and comfortable retirement. Our team of experienced financial advisers is here to help you every step of the way.