Take Control of Your Retirement

by PenLife Associates
Published: Updated:

Craig Howard, Chartered Financial Planner, explains the importance that pensions play in your retirement.

Retiring is a huge milestone. In a nutshell, retirement is your chance to live the life that you’ve always wanted. Your chance to finally do the things you never could before. Ultimately, you just want to make sure you can live the way you’ve always imagined, without any financial stress.

Approaching a new chapter in your life can be scary and change can be uncomfortable. But it doesn’t have to be. Having a financial plan in place can help put your mind at rest by providing a solid foundation for your future financial security.
It’s not a shock to learn that most things surrounding retirement start with an individual’s pension—saving plans they’ve been building up their whole lives. Aside from your property or business, if you have one, your pension is likely to be your largest asset. So, it’s crucial that you pay it the attention it deserves.

What’s more, it may be that over your career, you may have worked for many different employers, so may have built up a collection of various pension pots. You might also have personal pensions, especially if you’ve spent time self-employed. In certain cases, consolidating them could prove beneficial.

What is Pension Consolidation?

Pension consolidation is when you combine two or more pensions into one pot. You may decide to do this as you approach retirement or during your working life for a variety of reasons.

We’ve gathered some helpful information and put it into one of our free guides: ‘Pension Consolidation: The pros and cons you need to know’. This will help you to discover why consolidating your pension could make sense, as well as the reasons why it may not be right for you.

We know that managing your finances can lead to increased well-being and a better quality of life. And that’s exactly what we help our clients achieve. Having your finances under control and knowing that you do can be priceless.

Request your free copy by following our guide. We hope this guide helps you take the initiative.

You don’t need to feel nervous about getting help with your finances. Our dedicated team of experts offer friendly, down-to-earth advice that gets results. It’s a holistic approach that supports your life, not just your finances. Start your financial journey today.

PenLife Associates, 3 Tudor Court, Opus Avenue, York YO26 6RS | T: 01904 661140 | enquiries@pen-life.co.uk

Authorised and regulated by the Financial Conduct Authority. Authority Number 212972. Please note: The Financial Conduct Authority does not regulate, tax planning, estate planning, inheritance tax planning, cashflow modelling or wills. The above is for informational purposes only and does not constitute individual advice. The value of your investments can go down as well as up, so you could get back less than you invested. This information is correct at the time of writing.

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