Kevin, Doncaster

" Without Paul’s advice, we’d have left our pensions where they were. We’ve become good friends with Paul as a result and have even recommended him to family and friends.

Planning for retirement Client since 2017

- Retirement plan

We helped Kevin and his wife transfer their Final Salary pensions, buy a new home, and start their retirement journey. Here’s their story:

Both Kevin and his wife were Senior Manager’s in the water industry and had built up large Final Salary pensions. Naturally, they wanted to make the most out of the pensions which they’d saved so hard for and enjoy the perfect retirement. However, aware of the introduction of Pension Freedoms in 2015 they approached us to understand their options.

Paul started by understanding what Kevin and his wife wanted to achieve in retirement. He then conducted a detailed analysis of the existing Final Salary Pensions to understand the benefits they would provide in retirement. As part of this analysis, Paul considered several other options for Kevin and his wife.

Only after this exhaustive process was Paul able to confidently recommend that Kevin and his wife should transfer out of the existing Final Salary Pensions into personal arrangements. This was unusual as for most people the right thing to do is remain in their Final Salary scheme. However, Kevin and his wife’s circumstances meant that this was one of the minority of occasions when a transfer was the right course of action.

As a result of our advice, Kevin and his wife were able to move to a new home after taking some of the maximum 25% tax-free lump sum from their pensions. Our analysis showed this was affordable and that they would still be able to live their chosen lifestyle in retirement despite taking money from their pensions.
Kevin has now scaled back his work and we’ve developed a strategy so he can phase his way into retirement and enjoy the lifestyle he’s always dreamed of.

Reflecting on our advice, Kevin said: "Without Paul’s advice, we’d have left our pensions where they were. We’ve become good friends with Paul as a result and have even recommended him to family and friends."

Client Stories

Rather than us tell you about how you can benefit from our services. Some of our clients have been kind enough to share their stories about how our financial planning work has impacted and changed their lives.

Planning for retirement

Kevin,
Doncaster

client since 2017

" Without Paul’s advice, we’d have left our pensions where they were. We’ve become good friends with Paul as a result and have even recommended him to family and friends.

Already Retired

Joan,
Sprotbrough

client since 2017

" Paul keeps me in check, he always creates a plan, giving me total confidence. This was certainly the case when we were budgeting for my son’s university in Switzerland.