How much do you spend during a week’s holiday? Imagine the cost if you had 52 weeks' holiday every year! What sort of lifestyle do you envisage after retirement?
Great changes lie ahead in the world of pensions and this affects your retirement planning. The government is committed to individuals making private pension provisions and not relying on the state. How will this affect you?
La Playa can advise on both personal and company pension schemes and make recommendations as to which insurance companies and funds are most appropriate to suit your circumstances. We can also help with retirement planning, and the various choices you have to make when you come to take your pension.
Talk to us about structuring your financial plans for your retirement.
Retirement Income Planning
Perhaps the most important question when you have accumulated your pension wealth is "What's the best way for me to take an income?"
The rules around taking the benefits from your pension have relaxed over the past few years, giving much more flexibility as to how and when they are taken.
Planning for future changes in your circumstances is as important at this stage as ever. Contact us about retirement income planning in the context of the changing pensions landscape.
Self-Invested Pension Plans (SIPPs) work well for people who prefer to have more control of the underlying investments of their pension assets. Unlike the PP/SHP, a SIPP can invest directly into shares, commercial property - even art & antiques.
ASIPP is the tax wrapper that fits around the investments, but gives the freedom for the individual to diversify their assets between a multitude of different investment vehicles.
Talk to us about how a SIPP might work for you.
Stakeholder and Personal Pensions
Many of us are familiar with Personal Pensions - either through group arrangements offered by employers, or it may be something you've considered taking out yourself.
A Personal Pension is a tax-efficient, long-term savings plan that allows you to build up a pot of money to provide an income in retirement. You can decide how much is paid in, where your money is invested and, sometimes, who is managing the scheme.
A Stakeholder Pension is similar to a Personal Pension, but with slightly fewer options and fixed charges.
Talk to us about Pensions and Retirement Planning and see which pension plan might work best for you.
“Just a small note to thank you for meeting with us to discuss our pension options. You made a potentially stressful situation so much easier, for which we are very grateful.”
“I just want to say what a great service I have had from La Playa Wealth around my pension that I have finally got round to thinking about seriously! You've been incredibly thorough and had the patience of saints. Thanks to you I feel a lot more confident about the years ahead!”
“As a client of La Playa Wealth I can vouch for their total dependability and up-to-date knowledge of the daily financial market. I am a pensioner and need plenty of guidance and advice on these matters - all of which I can obtain at the flick of a telephone or internet switch!”
With capability to simplify financial planning and yet have access to private banking, lending and provide great investment advice, I'm really pleased I picked La Playa Wealth to manage my affairs.”
“I am so grateful for all the help you've given me over the last year and a half, I know I asked a lot of questions! You've been simply marvelous.”
La Playa’s intelligent approach to financial services is founded on absolute integrity, an in-depth understanding of our clients, a high calibre team of advisers and a commitment to excellence in service.
La Playa's Financial Concierge service means advice you can trust - from an expert who understands you:
As a Lloyd's broker, La Playa has solutions for even the most complex risks, and our services also include Business Protection and Employee Benefits. But what does "Boutique Service" actually look like?Show More
Careful listening to really understand your needs and priorities
As much help as you need with completing forms to provide risk information
A discreet and complimentary appraisal* to assess the risks and ensure you have the right coverage where you need it
An independent market review - so you don’t have to shop around comparing policies, cover limits, risks covered and smallprint exclusions
Careful monitoring of the carriers’ financial strength, claims and customer service
An independent recommendation of the best policy for you - and why
Specialist policy wordings from underwriters who have demonstrated excellence and deep understanding of your risk exposures. We have analyzed a wide range of policy wordings and have selected only the best for our panel. Our advisers have a deep working knowledge of these policies
*subject to insurer availability
An intelligently designed portfolio of protection across multiple asset classes, liabilities and territories
Advice on how best to manage your risks - to keep you safe but also to keep insurance costs down
A dedicated adviser so you can speak to the same person each time.
Expert guidance on valuations, security and risk management, and connecting you with specialist advisers and suppliers
Direct phone and email access to your adviser for questions and advice.
Policy documents emailed to you - no logins and passwords to remember
An advocate beside you if you make a claim - thinking laterally to mitigate the impact, making useful connections to get you back up and running, and driving through a swift financial settlement