Services from Seddons Financial

Your Options at Retirement

Seddons Financial are completely independent and therefore able to advise on the decisions as to how to secure income in retirement which best meets your needs.

We can assist you to plan for your retirement and also provide advice on how to make the most of your funds when you retire. The introduction of income withdrawal has meant that annuity purchase is no longer the only route available at retirement. The options are:-

• Purchase an annuity at retirement.
• Draw payments directly from your accumulated fund and defer your annuity purchase. This option is known as Unsecured Pension (USP) or income withdrawal.
• Take retirement benefits over a period of time by using a combination of tax-free cash and either annuities or income withdrawal. This is known as phased retirement.

The decision of which route is appropriate will depend upon a number of factors including:

• The combination of benefits you want
• The level of investment risk you are prepared to accept and your view on future interest rates
• Your health and that of your spouse or dependants that you would like to provide for in the event of your death.

The value of your investments and any income from them can fall as well as rise and investors may not get back the amount invested.

Seddons Financial is a trading style of Chambers Associates who are an appointed representative of Intrinsic Wealth Management. Intrinsic Wealth Management is a trading style of Intrinsic Financial Planning Limited which is authorised and regulated by the Financial Services Authority. Intrinsic Financial Planning Limited is entered on the FSA Register under reference 440703.