A private pension plan is the most important financial investment you will ever make. Through our expert pension advice, Acumen Financial Partnership can ensure that you enjoy a comfortable retirement, without financial concerns despite changes to any current working environment and finance changes.
As your pension is one of the most important financial investments you will ever make, you must seek the best private pension advice possible to make the best decisions for your future.
Finding the most suitable private pension plan for you and your financial position, whether that is a Workplace Pension, a Personal Pension or a more sophisticated SIPP or SSAS pension scheme, is vital for reaping the benefits once you retire. Making the right choices has never been more crucial.
Why invest in “off-the-shelf” products that are not beneficial or best-suited to your financial circumstances? Now is the time to take your pension plans out of the hands of previous employers or insurance companies and invest in the right pension scheme for you.
What is pension planning? Discover more about our team of Financial Advisers
Here at Acumen Financial Partnership, we are proud to say that we provide expert private pension advice across the North West of England. With our tailor-made pension planning process, we can set you up for a long and enjoyable retirement.
Understanding how best to plan for your retirement can be overwhelming. If you are looking for pension advice and a pension planning service that works for you, speak to our team of Independent Financial Advisers (IFAs) by calling us on 0151 520 4353.
If you are short on time, why not read our handy Pension FAQs to answer all of your pressing pension planning questions.
Expert pension advice from Acumen
Since the recent government-enforced changes to pension contributions and tax breaks, it is important for people to choose the right pension scheme for them – whatever the financial situation and circumstances. Current volatility or any future potential changes to global stock markets means that the way you plan your retirement is more important than ever.
With a wide variety of pensions available, we understand that navigating your way through the world of pension schemes can be confusing and overwhelming. That is why our team specialises in finding the right tailored pension scheme for you and your specific needs.
Amongst the Acumen team, we have experts on all things pension-related who can analyse your financial situation and provide the most appropriate and effective pension advice for you.
SIPP and SSAS pension schemes
Are you wondering what the difference is between SIPP and SSAS pension schemes? If you’re looking for a better understanding of SIPP and SSAS pension schemes, talk to our pension experts at Acumen.
Our team can provide you with a comprehensive understanding of the pension scheme and help you to understand which pension plan is best suited to you and your financial situation.
What is a SIPP pension scheme?
A SIPP pension scheme is a self-invested personal pension that offers you the opportunity to take control of your pension, allowing you to choose the investments that suit your priorities and personal preferences.
SIPP pension schemes have significant benefits with the key differentiator to a standard pension scheme being the range of investments available.
A SIPP pension scheme gives you:
- An extremely wide range of investment funds.
- Direct investment in stocks and shares.
- Cash deposits.
- Investments in commercial property.
- A flexible and tax-efficient way to turn your pension fund into retirement income.
I transferred my pension port from the Pru to Acumen. With Phil Jones controlling my investments, my SIPP portfolio are performing well. I am more than happy with the service I receive.
What is an SSAS pension scheme?
An SSAS pension is a special self-administered pension scheme, designed for controlling directors of private companies and businesses.
The benefits and investment flexibility of an SSAS pension scheme are very similar to those of a SIPP. However, an SSAS has the additional benefit of allowing a person to make loans to the sponsoring employer.
A SIPP pension scheme cannot lend to the employer, so if pension-backed loans are important for your business an SSAS could be the pension scheme for you.
If you’re looking for more information on SSAS pension schemes, SIPP advice, or some general advice on pension schemes, get in touch with Acumen Financial Partnership today.
How does auto-enrolment affect your pension planning process?
Auto-enrolment has completely transformed pension planning and pension savings. Before auto-enrolment, many British workers missed out on valuable pension benefits. Now, employees have greater access to a workplace pension by default and must opt-out rather than opt-in.
As a result, employers must also contribute to your workplace pension. This takes away some of the stresses of pension planning as, unless you choose to opt-out, you will have a guaranteed private pension fund alongside the state pension you will receive.
However, you may still benefit from pension advice and assistance to ensure that you can make the most of your money well into your retirement and consolidate all your savings.
If you have changed roles recently, you may now be asking yourself, “how to consolidate pensions?” or “how to find out what pensions I have?”.
Read our guide on pension auto-enrolment to learn more.
How to prepare for retirement
If you are wondering how to prepare for retirement, the team at Acumen is here to help.
Preparing for retirement can be daunting, which is why our helpful team has put their heads together to list some of their key pension planning hints and tips. Read our handy pension planning tips and tricks to help you prepare for your retirement and to get the answers to some of your most pressing questions.
North West based pension advice
At Acumen, we pride ourselves on making pensions understandable and accessible to everyone. We want you to know exactly what private pension plans are on offer to you and help you make the most suitable choice for your personal and financial circumstances.
For example, if you would like to know how the pension freedoms have impacted your pension, or will affect your future pension, our team is on hand to explain. Our aim is to break down complex technical terminology into a language that everyone understands.
Tens of thousands of women in the UK are being urged to check if they are owed a state pension refund following a new report by Lane Clarke & Peacock. If you are married and need pension advice to determine if you could be entitled to claim for a state pension refund, speak to our helpful team for a friendly, expert consultation.
With so many different pension products on the market, it can feel like a minefield. Our knowledgeable team here at Acumen can offer impartial pension advice tailored to suit your needs. We aim to make the world of pension products more understandable, make sure you don’t fall foul of excessive charges and guide you towards the right pension option for you. For pension advice across the North West, contact Acumen today.
Our team are on hand to help you understand the key differences between SIPP and SSAS pension schemes. We can offer you comprehensive advice on your pension scheme, and which to select to best suit your financial needs and goals.
Why invest in an off-the-shelf solution that is not suited to your financial goals? There is no better time to speak to a financial advisor to help you better understand how to reach your pension and retirement goals with tailored pension advice.