Will your pension go over the Lifetime Allowance?
As high earners, medical professionals are more likely to reach the lifetime allowance of their pension pots. For many, they want to make sure that they can enjoy the same lifestyle in retirement as they do in their working lives. For others, they want the ability to continue working but not be penalised with a big tax bill for doing so.
Savvy clients will start thinking about their retirement in their 40s. We can work with them to identify ways of managing tax, pensions and alternative ways of saving for their retirement.
We recognise that you are especially busy, managing work and family life, so we work flexibly to simplify your finances as much as possible. We’ll take time to understand what you want your wealth to achieve. Then we’ll create a holistic financial plan which will set you on the right course to achieving your goals.
We can help you
- Get on top of your finances to achieve the lifestyle you want to have now and in retirement.
- Simplify your various pensions and invest them to achieve your retirement goals.
- Identify the risk of reaching the Pension Lifetime Allowance and find alternative, tax-efficient ‘homes’ for your savings and investments.
- Decide what to do with windfalls, such as a pay rise or inheritance.
- Plan for your children’s future with school fees planning and tax-efficient savings and investments.
What our clients say
My husband and I have been advised by Isabel Sinclair regarding our financial affairs for the past 20 years. We have always had confidence in her advice which she has carefully tailored to our needs individually. She is conscientious in gathering our views before advising us about what she thinks will suit us. She is always helpful and happy to advise on all aspects of finance and spending. We would not hesitate to recommend PFM Associates.
I have known David Venditti for over 8 years. I have absolute confidence in his ability as an adviser. I trust David implicitly and he has a great ‘bedside manner’. David explains everything to me thoroughly so I can fully understand. I would be happy to refer David.
David Venditti is very welcoming and friendly when I contact him. David is very knowledgeable, and I have total confidence in his abilities and he always makes sure we fully understand everything. I could not wish for a better Financial Adviser and would recommend him to anyone as I totally trust his advice and guidance.
I have known David Venditti for six years and he is reliable, trustworthy and gives good advice. I would be happy to recommend him to anyone who needs financial advice.
We have known John Skipton for six years. John Skipton is always patient and gives good sound advice. I would be happy to recommend John Skipton and PFM Associates to anyone should the situation arise.
John has a very strong ability to explain complex financial matters in a simple and concise way, without watering down the key points of detail. This is important when I am making decisions about my financial future.
Thomas Wilson is always professional and the advice has been good. It has been reassuring to find an adviser that I could fully trust. PFM have always been open and honest with me and my family.
PFM have been our Independent Financial Advisers for many years. We like the fact that each adviser has their own area of expertise, so clients have access to a wide knowledge base. We feel confident that our money is well-managed and highly recommend PFM.
I was introduced to PFM by a family member about eight years ago, in order to obtain personal pension planning advice. I have been very pleased with the advice given by my adviser, for my pensions and for wealth management. I have no hesitation in recommending PFM.
We have been clients of PFM Associates, specifically Isabel Sinclair, for many years and ran a very small family general practice. We found the advice over the years in practice and in our retirement planning very sound. Recently life events have changed the emphasis of our future planning and again we have had advice that we feel is relevant and helpful.
Ready to start your journey?
If you have any questions or would like to organise a no-obligation consultation at our expense, please complete this form.