Retirement Advice

We find ‘a comfortable retirement’ is a common objective within our clients’ Life Plan and naturally an essential component of our Wealth Management.

Our team of independent financial advisers take a structured and intelligent approach to helping you plan for your retirement. This includes helping you set clear retirement goals, evaluating any existing pension arrangements you hold and creating a tailored funding plan to achieve these within your preferred time horizon.

Your Life Plan brings together both the ‘accumulation’ and the ‘decumulation’ phases – to build sizeable pension funds and then draw benefits in a highly tax-efficient and cost-effective manner. We achieve this by constructing the optimal investment portfolio combined with a single or blend of market leading retirement vehicles.

We’ll also ensure you have full visibility of your investment portfolio in both phases, by enabling you to have secure, real time information at your finger tips.

We would prefer to form a long-term relationship with you and we would like to meet you regularly to review things, to ensure things remain on track and to make any alterations as required.

The following explains our approach at high level. It comprises of distinct stages starting with goal setting and then choosing the right income vehicle and ongoing reviews whilst you’re in retirement.

Retirement Advice Process

retirement advice process

Retirement Advice – what to expect

Step 1 – We help you to look ahead to your retirement

We will assist you in identifying your retirement goals and the level of income you’ll need to achieve these.

Step 2 – We’ll accurately predict how much income you’re likely to receive and identify any shortfall

Predicting the level of income existing arrangements and the State will generate requires considerable analysis but ensures a ‘reality check’ is built into our process. We consider a range of economic and performance scenarios and arrive at a realistic target fund to make up any shortfall.

Step 3 – We’ll create a plan to achieve the target income

We’ll build a robust target funding model, which includes an achievable schedule of contributions. We will conduct a full review of any existing arrangements you hold, if appropriate offer better value alternatives and ensure you are well positioned to achieve your goals.

Step 4 – Build an investment strategy

To achieve your ‘comfortable retirement’, we’ll build a coherent and time bound investment strategy. Each strategy is tailored to your financial objectives and risk appetite, built using a blend of different assets to achieve the optimal investment portfolio. We will combine this with comprehensive tax planning and ensure you have access to information at your fingertips.

Step 5 – Ongoing monitoring

As many factors are outside of our control, we will actively review the performance of your investment portfolio and make tactical and strategic changes to keep things on track. We will also meet you at least annually to review your overall Life plan, to identify any changes in your needs and circumstances to ensure our advice remains suitable.

Step 6 – Choosing the right income product

As you approach your desired retirement date, we’ll discuss with you the most tax efficient and cost-effective way of drawing your retirement savings. Once again, we will review your needs and recommend a product, or a mixture of products, which exactly satisfy your requirements and identify the market leaders in the sector. We can then implement your choice.

Our ongoing monitoring will continue whilst income is being drawn and we will explore, as part of your Life Plan, the potential for passing on unused funds if this is desirable.

We feel we are approachable. So, if you would like to discuss the possibility of becoming one of our clients, please get in touch. Our team of financial advisers are ready to help. We look forward to welcoming you to Grosvenor Wealth Management.

Read more about your Retirement Choices

Watch our recorded Pensions & Retirement Webinar

Attend a Free Face to Face Retirement Seminar
Attend a free pensions & retirement Webinar

If you are keen to know more – why not request a call back for a no obligation consultation.

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Testimonials

We recently concluded a property purchase and that is why we encashed some funds. In the course of that transaction, we also dealt with other financial bodies and you were the outstanding exception in doing what you promised without fuss and within the timescale promised.

So this is just to say thank you very much for your help. After the sale of another property later this year, we look forward to reinvesting the money with you.”

Paul, London

Even though I shall be retiring soon the prospect of a retirement planning seminar didn’t excite me. I envisaged boring presentations about the complexities of pensions and how to eke out a living on one. I’m very pleased to say I was entirely wrong! Instead Barry delivered an engaging and relevant presentation about draw-down and annuities, income vs expenditure, taxation and much more and all of it interesting and without any technical jargon! Afterwards I feel empowered and more optimistic about moving on to the next phase of my life.

Edwin, London

Ben has been very helpful giving unbiased advice and making valid suggestions, and been a help when I started my business too. He has put me in contact with some other specialists that have been a great help too.

Lance, Hertfordshire

Attention to detail and nothing is ever too much trouble.

David, London

I find GWM to be really objective and am 100% confident that they always have the best interests of my family and I at the centre of any solution. They have the ability to support me across an unusually wide breadth of services including estate planning. I had a sudden family bereavement recently when I needed unbiased support and GWM over-delivered in every way, easing a difficult time for me. Fundamentally I trust GWM and I see this as a long term relationship for my whole family

Lucinda, Hertfordshire

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