Bright’s Retirement Centre

Deciding how and when to take your pension benefits is complex and involved.

There are at first sight a bewildering number of options.

  • Do you take all or some of your tax-free cash sum from your pension fund?
  • Do you buy an annuity? – If so what type of annuity?
  • Do you qualify for an enhanced annuity? – Bright can help you find out.
  • Do you draw money down from your pension plan rather than buy an annuity? – Bright can help you understand the risks and potential benefits of drawing money down from your pension plan.

It is estimated that over 60% of people who purchase an annuity at retirement do so with the same pension provider that they used to build up their pension fund.  In the majority of cases this financially disadvantages them for life.  Buying an annuity is a one off decision, once you have bought the annuity there is no going back.

As Independent Financial Advisors Bright’s Retirement Centre can help source the right retirement solution for your particular needs.

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