Self-Employed Pensions
If you’re self-employed, it’s likely you have a lot of areas to think about and manage, which can sometimes mean retirement planning is overlooked. However, the responsibility to save into a pension is down to you. Therefore, it is essential to make plans for contributing to a personal pension arrangement so you receive an income that gives you security in your retirement and later life. But how much do you need?
Although you will receive the basic state pension and the Flat Rate State Pension, which came into effect on 6 April 2016, subject to a sufficient National Insurance record, as a self-employed individual you cannot join occupational pension schemes.
We believe it is of paramount importance that you receive expert and professional advice that is tailored to your individual requirements. At McMillan Wealth Consultants, our team of wealth management experts can be the cornerstone of your self-employed pension planning arrangements and provide you with the four key elements needed for peace of mind for a secure and planned out retirement:
- Advice
- Service
- Flexibility
- Control
If you would like to find out more about personal private pensions for the self-employed, or receive specialist advice on retirement planning, please get in touch.
The value of an investment with St. James’s Place 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.
