Witham Financial Services    >    Pensions

Pensions

A pension is a long-term investment plan with tax relief. Pensions are now a compulsory offering in workplaces across the UK, giving all employees extra incentive to save for their future.

Aside from government pensions there are many options available for private pensions. And this is where Witham can lend its expertise. We have access to a vast amount of private pension providers and we can help tailor your plan to your individual needs.

Why should you invest for your retirement?

It’s imperative that you save for your retirement to give you the standard of living you hope for when you retire. The current state pension might not be enough for you to live comfortably, so individual pension investment is really important. Here are just some of the reasons to plan and invest for your retirement:

1. Enjoyment
When you retire you should be enjoying your free time as much as possible. Investing your pension wisely can gift you the freedom to take that epic holiday or buy that retirement property you always dreamed of.

2. Your family
You may want to invest your pension to enable you to gift your children a lump sum of money. Taking the right pension plan or investing your pension pot wisely can help create that all important extra cash.

3. Seeking higher returns
Even if you’re not saving for anything in particular, it’s natural that you would like to see your money build with interest. You’ve worked hard all your life, so why not build on that hard-earned cash?

How do you invest for your retirement?

As financial advisors we will help make your pension investment decision as simple as possible. We’ll offer you a broad range of investment strategies and tailor each one to your individual requirements.

At Witham we have access to the best pension providers in the industry. All offer varying rates and it’s our job to ensure you choose the right provider for your investment type.


Key Services

Private pensions

There are hundreds of private pension providers in the UK. It’s our job to find you the right one for your specific needs.

Pension transfers

Pension transfers take place when you wish to move your retirement fund to a new plan that offers you a better deal. At Witham we can help you find a new pension plan that works for you.

Income drawdown

This is the most flexible pension offer on the market, but it does have its drawbacks. Your pension is specially managed and invested in various funds. The income you get varies, depending on the fund's performance. It’s a complex scheme and doesn’t come without risk.

SIPPs

Self-invested personal plan providers choose where your money is invested and manage the level of risk you take. At Witham we’ll give you access to the best SIPP providers on the market and tailor your plan to help you get the most from your pension.