Retirement Planning

Typically we are now all living longer and therefore, are having greater time to enjoy the benefits of retirement. To enable us to fully appreciate and enjoy retirement it is essential that we have adequate financial resources to support this demand and are not laboured with the burden of financial insecurity.

Pensions have now become such a complex area it is crucial that specialist advice is taken to ensure you fund for your retirement in the most appropriate and tax-efficient manner based on your personal circumstances.  Pension legislation is constantly changing in the UK and our advisors ensure they continually build on their knowledge by gaining the most up to date industry qualifications.

Kingfurness has a number of years experience advising both Individual and Corporate clients on the most suitable method of building pension capital to provide an income in retirement and making the most of their opportunities.

There are a huge range of pension options available to individuals whether within employment, self-employed, a company director, or already retired. The company has pension advisors who have experience in dealing with specialist arrangements such as: -

  • Self Invested Personal Pensions (SIPP)
  • Small Self Administered Schemes (SSAS)
  • Executive Personal Pensions (EPP)
  • Employer Financed Retirement Benefits Scheme (EFRBS)
  • Retirement Annuity Contracts (RAC)
  • Section 32 Buyouts

Your requirements may not involve any specialist arrangements and therefore may concern one of the following policies: -

  • Personal Pension
  • Stakeholder Pension
  • NEST-National Employment Savings Trust

Our advisors can recommend the most appropriate structure for you based on current legislation in the UK and your personal circumstances.

If you have had a number of different jobs and periods of employment/self-employment throughout your working life, it is likely you will have a number of existing pension arrangements where a review is necessary.  Kingfurness offers a fully independent research and analysis of your existing arrangements, providing a detailed opinion on the worthiness or otherwise of pension funds held, considering performance, benefits and charges.  It may be appropriate to consider transferring the pensions to a specialist arrangement allowing a far greater spread of investment, including property.

Along with providing an income in retirement, pension funds can also be used to aid business expansion through the purchase of commercial property, for example, office premises or retail units.  Kingfurness can provide advice on utilising pension capital in this manner and has experienced advisors who have dealt with a number of purchases within pension structures.  This may also include arranging borrowing within the pension structure if sufficient capital is not available.

There is a growing awareness of the lack of pension funding and the likely financial difficulty facing a number of individuals who have retired with underfunded pensions.  We can use our extensive knowledge and experience to help provide the most suitable solution for you.  Kingfurness have invested considerable capital in technology and have the means of identifying the required pension savings amount to meet the required retirement income.