With the new range of low-cost pension plans currently available, this could be the most tax-efficient way of investing depending on your own circumstances. The earlier you start making contributions towards retirement, the more beneficial this in terms of what will be available at the time you choose to retire.

Pension plans can be confusing as there are different options available but Black Financial Services can advise you on the types and funds available and how much to save.

You may feel it is time to review your existing pension arrangements and if so, we would be pleased to review, advise and where necessary amend your current pension provision. We are authorised to advice for both individual and group scheme arrangements.

Retirement Options on pensions i.e. obtaining the most income from your pension fund involves looking at a range of options and we can help you select the one most suitable product for your needs – including conventional annuities, asset linked and enhanced annuities, income drawdown plans, SIPP’s, (self-invested pension plans) and phased retirement plans.

Please remember that a pension is your future in retirement.

If you would like advice on pensions including Occupational Pensions, Personal Pensions, Stakeholder Pensions, Self-Invested Personal Pensions (SIPP) and Workplace Pensions Schemes, please contact us via telephone or email. We would be only too happy to help.

The value of your investment can go down as well as up and you may not get back the full amount invested.