We are all aware that we are, on average, living longer, healthier lives and that the provisions made for us by the State, may simply not be enough to fully enjoy our old age. Making more provisions for your pension, health care and your finances generally makes perfect sense.
For many, planning for retirement is all about thinking what you are going to do with all the free time you will have on your hands and seeing parts of the world you have not yet explored. The harsh reality, however, is that without planning your finances, you may not be able to enjoy retirement to the full.
With expertise in the field of pension planning, Thorntons can assist in all matters relating to your pension including consolidating pension funds, reviewing your options such as annuity or income withdrawal (formerly drawdown), establishing the most competitive annuity rate and so on. We also have particular expertise in Self Invested Pension Plans (SIPP) and are able to advise on changing legislation, such as the current pensions reform.
It is becoming increasingly important to be informed about the options available for planning for residential and nursing home care costs. Whether you are planning for your own future, or you have elderly parents who may, in the future, require such care provision.
We believe in arming you with the right information, so that you can decide whether you should make provision and if so, what that provision should be.