To enjoy retirement to the full we all need to start saving as soon as possible.
The aim of pension planning should be to have a retirement fund as large as possible by the time you reach the age at which you plan to retire. This fund can be made up of your pension fund but it can also be made up of other forms of savings, investment bonds, property, shares, Isas and Peps. Your pension fund then needs to produce an income so that you can enjoy a comfortable retirement.

If you start saving in your 20s you will have a long time to build a substantial fund before you reach 65. However, if you wait until you are in your 40s, to get the same amount in your retirement fund you would have to save a significantly larger proportion of your disposable income.

In fact, it is now possible to start a pension from birth on behalf of another. With people living longer than ever before, starting a pension fund for our children or grandchildren could be a very wise move.

The range of products on offer is complex and can be daunting and we can help you to understand the options. We can also review the performance of existing or past arrangements to ensure these are appropriate to your future retirement plans.