Inheritance planning advice
Another important aspect of retirement planning is the wealth you stand to pass on to your loved ones at the end of your life.
There is a lack of clarity around inheritance tax and the charges that apply to the estate of a deceased person, often exacerbated by the frequency with which this particular tax grabs news headlines.
But our experienced financial advisers can debunk the myths around inheritance tax and provide you with guidance and reassurance as you put together a sound retirement plan that covers all eventualities.
No matter what stage of retirement planning you happen to be going through, from those early tentative thoughts through to fully embracing retirement, we can help you to approach the next steps with financial confidence.
To hear more about our retirement planning services, contact us today.
Due to economies of scale and older pensions generally having a higher charging structure, consolidating numerous pensions into one could reduce the annual administration fees by up to 1.5% per annum. However, we are careful to consider each case individually, as there are occasions when it is appropriate to retain existing policies, and personalised advice is essential.
More from Independent Financial Advice
We set up Simpson Wood (Financial Services) Limited to enhance the service we can provide to our clients. Our independent status means that we have access to virtually all financial products in the market place.
Close liaison with our tax department ensures that planning opportunities are maximised and coupled with the traditional values of the practice this puts us in the ideal position to provide the service and advice you deserve.
Retirement Planning Team
- Audit and Accountancy
- Tax and Estate Planning
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- Corporate Finance
- Independent Financial Advice