Planting the financial seeds for your retirement
Only 20% of self-employed workers are paying into a pension in the UK
Pension planning when self-employed can be difficult, often on your own with no one to turn to.
It is probably at the bottom of a never-ending to-do list – working for yourself, there is always something more important.
But, the earlier you start with your pension funding, the greater the opportunities to enhance your income in retirement.
The next task is to find the right pension plan for you; that’s where we come in!
How important is self-employed pension planning for your long-term future?
We’ve worked with 100s of self-employed individuals across the UK who are in a similar situation to you – that balancing act between securing income today while always having one eye on your retirement. With no employer to fall back on, you are the only source of income- it’s not easy, we get it!
As the cost of living in retirement continues to grow, it’s important that your pension/retirement funding reflects this – avoiding an unwelcome shock on retirement!
The value of investments can go down as well as up in value so you could get back less than you put in. You can’t normally access money in a pension until age 55 (57 from 2028) when up to 25% is usually tax free, the rest is taxable. Pension and tax rules can change, their benefits depend on your circumstances.
What You Should Expect From Us
Our expertise and experience will ensure that your pension plans reflect your changing needs and finances, reducing financial pressure as you approach retirement.
Our self-employed pension planning service offers:
What are the added benefits of Self-Employed Pensions?
Why Pro Start Pensions?
Ongoing guidance
Enhancements in life expectancy and the cost of living increase make it even more important to manage your finances pre and post-retirement.
Future projections
Prior to making any adjustments to your retirement plans, we will provide figures so you can compare and contrast forecast returns.
Customised solutions for individual situations
Aware that no two situations are identical, we provide customised solutions for individual clients.
