Retirement benefits
Aligning your priorities by simplifying the complexities of retirement planning
At Burlington Financial, we take pride in offering personalised financial planning services.
With offices in Bridlington, East Yorkshire, and Scarborough, North Yorkshire, we are committed to helping you achieve financial clarity and security. But what truly sets us apart?
It’s our holistic approach to independent financial advice and planning.
We understand that your financial situation is as unique as you are. That’s why we take into account every aspect of your personal circumstances, from your lifestyle goals to your future aspirations. By exploring further, we create tailored strategies that focus on what truly matters to you. Wouldn’t you prefer a financial planning partner who considers the bigger picture?
A pension is a long-term investment not normally accessible until 55 (57 from April 2028). Your capital is at risk. The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Your pension income could also be affected the interest rates at the time you take your benefits.
Workplace Pensions are regulated by The Pensions Regulator.
Why take a holistic approach to financial planning?
Retirement planning tailored to you
Are you worried about maintaining your lifestyle in retirement? For many, this is a significant concern. The decline in final salary pension schemes and the inadequacy of State pensions have left individuals questioning whether they have sufficiently prepared for their future. But with so much to consider, how can you determine where to start?
Retirement doesn’t have to be a daunting prospect. At Burlington Financial, we specialise in simplifying the complexities of retirement planning. Throughout your working life, it’s common to accumulate multiple pension schemes. Some may be workplace pensions, while others might be personal pensions or investments. But are all these plans genuinely aligned to help you achieve your goals?
Unlocking the full potential of your pension plans
Have you considered evaluating whether your pensions are performing optimally? Many people don’t realise how minor adjustments can lead to significant improvements. Our highly experienced advisers will thoroughly assess every detail of your current arrangements, determining if you’ve saved enough to meet your needs.
We’ll also help you explore ways to enhance your finances. Should you consider consolidating your pensions? Are you fully utilising employer contributions or tax relief? By addressing these questions together, we’ll create a roadmap tailored to your unique situation. Doesn’t it make sense to ensure every aspect of your retirement plan works as hard as you do?
Building the retirement you deserve
Does the idea of creating a reliable nest egg for your retirement seem unattainable? It doesn’t have to be. Numerous options are available to enhance your financial security. For instance, have you considered maximising your annual ISA allowance or setting up a stakeholder pension? These straightforward solutions can make a significant difference over time.
For those looking to invest larger amounts, a Self-Invested Personal Pension (SIPP) may be the ideal choice. SIPPs provide greater flexibility in how and where your money is invested, giving you increased control over your financial future. However, making the right decisions can seem complex. Wouldn’t expert guidance help ensure you’re on the right path? At Burlington Financial, we offer informed and practical advice regarding SIPP investments, making sure they align fully with your retirement goals.
The role of tax efficiency
What impact do taxes have on your retirement income? It’s an important question to consider. Managing the tax implications of your investments and withdrawals plays a crucial role in maximising what you receive.
That’s why we always take a tax-efficient approach to our planning. Whether it involves utilising specific allowances or understanding how pension withdrawals impact your tax position, we focus on long-term solutions rather than short-term savings. After all, well-thought-out decisions made today can help create a more stable and secure tomorrow.
Guiding you through legislative changes
How confident are you that your retirement plan is current? With ongoing changes in pension legislation, staying informed is essential. Rules regarding allowances, contributions, and tax implications can shift, leading to confusion and uncertainty. Our experienced advisers closely monitor these changes, ensuring your retirement plan remains effective and compliant.
Wouldn’t you feel reassured knowing your financial future is being expertly managed? Planning for retirement is a significant milestone in your financial life. With Burlington Financial, you can focus on what truly matters while we pave the way for a comfortable and secure retirement. Why not take the first step today toward building the retirement you deserve?
Are you ready to prioritise the retirement plans that truly matter to you?
At Burlington Financial, we’re here to assist you in creating a secure and fulfilling financial future. Discover how our holistic approach to independent financial advice can make a significant difference in your life. Pensions are long-term investments, and their value can vary. That’s why it’s essential to have a trusted adviser who can confidently guide you through these complexities with care. Wouldn’t you feel reassured knowing your financial future is in safe, experienced hands?
Contact our Bridlington or Scarborough office to arrange an initial no-obligation consultation at our expense today. Together, we can create a financial plan tailored to your dreams and aspirations.
