Aside from food and somewhere to live, you will want to remain in the lifestyle to which you have become accustomed. As a firm of Chartered Financial Planners, an independent financial advisory firm (able to access the wider market) in Nottingham, we offer pension planning advice to ensure a financially secure future for you and your family.
In April 2016, some major changes to the state pension came into force, but what exactly changed and what does it mean for you and your eligibility for the new state pension? The new state pension is a regular payment from the government which you can claim if you are eligible and have reached the state pension age on or after 6 April 2016.
You will be able to claim the new state pension if you have at least 10 qualifying years on your National Insurance record, the 10 years do not have to be consecutive and can include National Insurance credits and voluntary National Insurance contributions and are. The revised qualification criteria effect:
While the full new state pension has increased to £155.65 per week, for many this is still a very small income for retirement and has many people questioning whether they should have another pension to supplement their state pension. At Castlegate, an experienced independent financial adviser in Nottingham, we can advise on all aspects of pension planning.
As an independent financial adviser in Nottingham we work with our clients to ensure that they have the best pension plan in place that meets their needs and is regularly reviewed to ensure that changes in personal circumstances have been considered.
There are a variety of pension options available and the best one for your requirements will depend on a variety of factors such as your employment status. As an independent financial adviser in Nottingham we can advise on:
Castlegate Financial Management is one of the leading independent financial advisers in Lincoln.
Operating from its head office in Grantham it serves clients across the region, meeting with clients at their homes, business premises or at its sister business unit sites across the East Midlands.
Our capabilities and passion for the highest quality service mean you can enjoy the best of both worlds – dedicated personal service and tailored wealth solutions. Our services are available from 11 offices covering Lincolnshire, Leicestershire and Nottinghamshire to provide help and guidance to clients, irrespective of circumstances.
Whatever your financial requirements, be they corporate or personal affairs, Castlegate Financial Management offer fully independent advice from our team of experienced advisers.