Westside Article – November 2016

For people approaching retirement or supplementing their pension income from savings, times are tough, with interest rates at a record low. The amount of income available at retirement through traditional annuities for diligent savers with private pensions is lower than ever.

At Hamnett Wealth Management, we ensure that you fully understand all of your numerous retirement options and that you don’t have to take the first offer from your existing pension provider. There is nearly always better value to be had from the open market when considering annuities and the new flexible pension option should also be fully considered.

Our impartial advice takes into account all of this as well as the latest retirement and pension legislation, including the new limits on lifetime allowances. If necessary, we will also recommend any steps you can take to limit your tax liabilities.

It’s essential that you regularly review your existing pension arrangements to ensure that they are up to date and working for you. We can review all of your existing arrangements and look at the performance of the underlying funds, the charges being levied and assess the projected income at your chosen retirement date.

Whatever stage of life you are at, Hamnett Wealth Management offer expert pension and retirement planning advice.  Our professional, qualified Independent Financial Advisors will look at whether your current pension arrangements are likely to help you achieve your retirement goals.  If not, we will recommend actions to take and the likely effect of them in order to secure your financial future.

Take control of your retirement today with Hamnett Wealth Management.  We offer a free initial face-to-face consultation where we will assess your needs and explain how we can help. Call us now on: 0114 235 3500 or email us at: advice@hamnettwealth.com

Jonathan and Phil from Hamnett Wealth Management recently took part in a star-studded golfing event hosted by BBC presenter and patron of The Children’s Hospital Charity, Dan Walker, raising over £60,000 for Sheffield Children’s Hospital.  Jonathan said: “We’re incredibly proud to take part in this fantastic event and to support such a worthwhile charity.” The event raised funds for a new multi-purpose Fluoroscopy System, a life-saving piece of equipment used to obtain real-time moving X-rays.  To support the charity, please visit www.tchc.org.uk