Why do we need pensions?
Your pension is the most important financial investment you will ever make. Through our expert pension advice, Acumen can ensure you enjoy a comfortable retirement even in a world coping with Covid19 and all the changes that has brought.
As your pension is one of the most important financial investments you will ever make, it is important that you seek the best pension advice possible to make the best decisions. Ensuring that you find the most suitable pension scheme for you and your financial position, whether that is a SIPP or SSAS pension scheme, is vital for reaping the benefits once you retire and settle into your retirement and making the right choices has never been more crucial.
Why invest in “off-the-shelf” products that are not beneficial or 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
Here at Acumen Financial Partnership, we are proud to say that we provide expert pension advice across the North West, ready to set you up for a long and enjoyable retirement.
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/or circumstances. The huge volatility that we have seen on global stock markets in 2020 means that the way you plan your retirement is even more important now.
With a wide variety of pensions available, we understand that navigating your way through the world of pension schemes and investments can be confusing and overwhelming. That is why our team specialise 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 recommend the most appropriate and effective pension advice and pension scheme for you.
SIPP and SSAS pension schemes
Are you wondering the difference between SIPP and SSAS pension schemes? If you’re looking for a better understanding of both SIPP and SSAS pension schemes, talk to our pension experts at Acumen. Our team is able to provide you with a better and more comprehensive understanding of the pension scheme that is best suited to you and the way the underlying investments need to be managed to get the best results for you.
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 within your pension scheme to suit your priorities and personal preferences.
SIPP pension schemes have significant benefits with the key differentiator to a standard pension scheme is 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.
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, then an SSAS could be the pension scheme for you.
If you’re looking for some information on SSAS pension schemes, SIPP advice, or some general advice on pension schemes, get in touch with Acumen Financial Partnership today.
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 pension schemes are on offer to you and help you make the most suitable choice, given 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. We ensure that we break down complex technical terminology into a language that everyone understands.
For tailor-made pension advice in the North West, contact Acumen today. Call us on 0151 520 4353 or email us directly at email@example.com.
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.