After a long career working in medicine, you’ll be looking forward to a happy and healthy retirement.
Whatever stage you are in the process, it’s never too early or too late to organise your finances.
You’ll face a myriad of decisions depending on your personal circumstances and we’re here to help.
Your local Financial Consultant can undertake a complete review of your current circumstances, assess your needs and then recommend the steps you should take to meet your needs.
Contact your local Financial Consultant today. Alternatively, call 0800 358 60 60 or leave your details and we'll call you.
The review will assess the crucial issues whether you're:
Pre- Retirement
A key issue here will be the NHS Pension Choice Exercise. All eligible members will be sent an NHS Pension Choice Pack in 2010. There are many factors to take into consideration before deciding whether the 1995 or 2008 Section is best for you and your Financial Consultant can help you with that decision. You’ll then need to decide what your ideal retirement will look like, in terms of the amount of capital and income you need.
At Retirement
In your full final year of work, there will be an number of decisions to be made regarding your NHS pension, lump sum, personal pension, investments, family needs plus any outstanding debts. Pension options may be a key area and your local Financial Consultant can help you ensure all factors are considered.
Post- Retirement
You’ll need to ensure you can maintain the standard of living you need for the years ahead, together with financial provisions for long term care, should the need arise. Inheritance Tax Planning will then be a key area and your Financial Consultant can help you organise your estate to ensure your beneficiaries are taken care of.
Inheritance Tax planning is not regulated by the Financial Services Authority.