Most people have little idea how much money they need to save to provide
a decent income in retirement. However most of us now recognise the need for planning ahead to save for when we retire. There is an increasing emphasis on the need for individuals to pay into private pensions so we don’t need to rely
on government handouts in old age.

The State Pension isn’t there to fund anything more than subsistence.

With ever changing rules surrounding pensions from the introduction
of stakeholder pensions to pension simplification, the variety of retirement planning solutions is broad.

Are you better off in a money purchase
or final salary scheme, in an occupational scheme or a personal pension and which pension funds offer your preferred level
of risk and desired growth potential?
Pensions need to be reviewed on a regular basis to maximise their growth potential and ultimately the income they will produce in retirement.

Even if you are about to draw income from your pensions don’t just settle for the options that the provider offers you, seek independent advice and see if we can find you a better deal.

For a FREE review of your existing or future pension arrangements contact
MAC Financial Services.