Harriet is a highly successful journalist, aged 63, is reducing her workload but not fully retiring – she is divorced with two children – she needs pension advice.

by Hannah | Mar 10, 2011 | Case Studies

Background Harriet has the following pensions: Final salary scheme – 15 years service – normal retirement age 65 Personal Pension – fund value £226,780 Personal Pension – fund value £54,890 Challenges She wants access to £30,000 per annum for two years until the...

Mary, aged 83, retired headmistress and now widowed with no children

by Hannah | Mar 10, 2011 | Case Studies

Background House £300,000 Investments £150,000 Pension   £27,000 per annum Investment income £4,500, some foreign income Challenges Mary had been a very independent woman but was now finding coping with her investments, the paperwork and her tax return was too much of...

Stephen age 53 set up his own business and needed pension advice

by Hannah | Mar 10, 2011 | Case Studies

Background Stephen had the following pension plans Local Authority Pension – 5 years membership – retirement age 60 Executive Pension Plan –  fund value £94,720 – retirement age 60 Final Salary Scheme – 10 years membership – retirement age 63 Free Standing AVC   fund...

John – Retired – aged 79 and his second wife, Ann – age 68

by Hannah | Mar 10, 2011 | Case Studies

Background House £750,000. Investments £300k in his name. Investments £100k in her name. Pension income –  £45k. Investment income –  £10,000 for him £4,000 for her. Challenges The Client had  children by a previous marriage. He was keen to safeguard the...

Paul – self employed builder- age 63, married to Sandra- age 60

by Hannah | Mar 10, 2011 | Case Studies

Background House £275,000 Investments – Building Society accounts and cash ISA’s  £43,000 Pension policies:  Three funds: £65,421, £38,240, £15,164 Challenges Paul was forced to give up work because of a back problem. He had been saving into pension plans for...