The pension options available from employers vary greatly. We can help you to make sense of this.
If you are an employee you may have been in more than one pension scheme during your career and it can be challenging establishing how much is in each of them and what you options are.
If you are an employer you may already offer a pension to your employees and could be considering reviewing this to make sure it is the best option. If you do not currently offer a pension to your employees, you may want to visit our Automatic Enrolment page to find out more about your requirements as an employer.
Either way, this is where our independent financial advisers can help.
Financial Planning and Employee Benefit services are provided by S-Tech’s sister companies Alan Boswell & Company Ltd and Alan Boswell Employee Benefits Ltd.
Their specialist teams provide a wide range of clients with financial advice on investments, pensions and other key financial areas. Furthermore, their philosophy mirrors that of the Group; they work to maintain long-term trusted relationships between their clients and their high calibre, qualified independent financial advisers – all supported by teams of efficient and professional staff.
The value of an investment and any income from it can go down as well as up and you might not get back the original amount invested. The past is not a guide to the future.
The value of tax benefits depends on your individual circumstances and the laws concerning these can change.
The minimum age to take the benefits is usually 55. This will change to 57 in 2028.
The money cannot usually be accessed until age 55 (57 from 2028).
Deciding what to do with your old pensions will depend on what types of pension they are. We can review you existing pensions and recommend the most appropriate solutions.
The money you have saved will usually be payable to your beneficiaries. We can help you complete the relevant paperwork.
There are a number of options available at retirement. We can help you establish which retirement income solution is most suitable for you.
We can meet with you to establish what you are looking to achieve for your employees, to make sure the most appropriate pension solution is chosen.
We can meet with you to review the existing pension arrangements for your staff. It may be the existing pension still meets the objectives of your business, but if this is no longer the case we can explore the alternatives with you.