After you've retired you'll still need an income. A pension can provide you with that. The state pension provides some level of income, but if you're looking for more than that you might need another pension of your own. A Pension is a tax-efficient investment, meaning when you make a contribution you receive tax relief at your current rate - no other investment offers this advantage.
Deciding how exactly you should draw your benefits from your pensions is a daunting task and one that shouldn't be taken lightly. We will ensure you are spending your retirement provision in the correct order, as tax efficiently as possible.
The financial planning process would start with an initial meeting either at our client's home, place of work or Vale's offices in Market Street Altrincham. There would be no charge for this initial consultation, which is essential to allow us to gather the relevant information to form a firm basis for the advice being sought.
Normally at this point, an agreement may be reached regarding our remuneration i.e. by fee, commission, or a combination, for the work we are about to undertake. If it is complex we may need to write to you when we have a clearer idea of what the cost is likely to be. No fee-generating work would be undertaken without your prior agreement.
We would analyse this information to clearly define a client's aims and objectives and create a formula for meeting those. Research of the various companies in the marketplace and a recommendation of the most suitable products would then be incorporated into our written report, which may be dispatched by post or presented in person at a second or subsequent appointment.
When a client is satisfied that this accurately meets their criteria we would prepare the relevant application paperwork for completion at a second or subsequent meeting.
Your Vale consultant would conduct this process personally from start to finish, involving colleagues with specialist knowledge in specific areas if required.