Retirement Planning

Retirement Planning can be broadly split into two elements: Accumulation Period and De-Accumulation Period

The Accumulation Period

Wealth management is essential to help fund or supplement your nest egg for retirement. Intelligent Retirement Planning has many benefits, such as the significant tax benefits of pensions. It is important to start Retirement Planning as early as possible towards a comfortable retirement.

We offer full retirement management services within this planning area. Pensions are a complex area of financial planning. We explain how Retirement Planning works and all the benefits available when Retirement Planning is done well.

Retirement Planning insights:

  • If you fund your pension personally, you can save tax at your highest marginal rate, on the basis that any tax relief above the basic rate is claimed via your annual tax return.
  • If you are a Director of a private limited company, contributions into a pension funded by the company are treated as a business expense. These can then be offset to reduce your corporation tax.
  • Pension funds are exempt from income and capital gains tax, and are an exempt asset for Inheritance Tax Purposes, while they remain invested.
  • As you change jobs and employers over the years, historic pension funds can lie unmonitored or even forgotten altogether.

Our retirement wealth management practices are tailored for you.

Chewton’s retirement management services are tailored for each person. For example: contribution levels into a pension can be restricted – a difficult area of Retirement Planning. We offer industry leading Retirement Planning advice to ensure you understand how much to contribute and why.

Get superior wealth management for retirement – contact Louise on 01329 283311 to book an appointment.


The value of an investment will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

For advice and assistance in all aspects of financial planning, reach out to us now.

The De-Accumulation Period

Understanding and considering the various options available to you at retirement can be daunting, we can help you with securing your future in retirement.

Accessing your pension fund is not simple and should be a well-considered decision. There are multiple options available in retirement and Chewton Wealth Management can assist with making the right choices for you and your retirement.

Various options at retirement have various implications, this is an important time to consider your future goals and desires.

Some options available at retirement for pensions include:

  • Annuity Purchase
  • Enhanced Annuity Purchase
  • Flexi-Access Drawdown
  • Phased Drawdown
  • Uncrystallised fund pension lump sum (UFPLS)

For each of the above there will be distinct but important considerations for which understanding and advice will be essential.

It is important to consider the following when reviewing your options at retirement:

  • Do I want a guaranteed level of income?
  • Could I access tax free cash, and if so, how much will this be?
  • To what extent do I wish benefits to pass to a spouse or my family?
  • What will be the tax implications?
  • Do I want a tailored approach to income to match changes in my retirement lifestyle?
  • Pensions are exempt from IHT, should I just leave them alone?

The levels and bases of taxation and reliefs from taxation can change at any time.
The value of any tax relief depends on individual circumstances.

We offer Retirement Planning advice concerning:

• Maximising your pension fund • Planning your retirement • Nearing retirement • Self-invested pension plan • Employed • Employer • Self-employed • Trustees

For advice and assistance in all aspects of financial planning, reach out to us now.