Members
Log-In / Registration
= Members' Area
Protecting You/Your Business
Professional Indemnity
BUPA
Credit Assurance
 
Financial Planning
Pensions
Mortgages
Investments
Offshore
Banking
 
Legal Services
IR35 Sample Contract
Contract Reviews
Legal Helpline
 
Business Services
Credit Checks
Company Formations/Admin
Accounting
Tax Helpline
 
Resources
Discussion Board
Training
Useful Links
News
 
Contact the CCBA:
Email: info@CCBA.org.uk
Tel: 01442 347850
Fax: 01442 347801
 

 

 
PENSIONS


A pension should be thought of as a part of your overall retirement planning strategy.

Whether you are employed or self employed you will usually pay national insurance contributions. This means you will be eligible for a basic state pension. This is fine for a start but it will not be enough to give you the standard of living you want in retirement which could last 20 or 30 years-or longer, so you need to be prepared as you could be living on your retirement income for a long time.

Pensions are long term investments which you usually pay into throughout your working life. You get tax relief on the money you pay in and this money is invested in stocks, shares and other investments to try and make it grow.

When you retire your pension fund is converted into pension income which is paid to you for the rest of your life.

When deciding on a pension you should try to focus on how much income you may need, work out how much you will want to spend using today's price levels.

In deciding to use a pension as part of your retirement planning it is a good idea to start investing in one as soon as possible. If you delay making this commitment by just a few years you could end up with a much smaller pension when you decide to retire.

You should remember that a pension is a long term investment and currently cannot be taken until you are at least age 50, this minimum age will be increased up to age 55 by 2010.

 

GUIDE TO PENSIONS

This guide aims to give you a simple overview of the various types of pensions available and how they work.


FIND A PENSION

Let us do the work for you. Complete our online pension enquiry form.

Click here for more information.

 
WHAT MIGHT I GET?

Includes a table to give you a guide to the estimated monthly pension at today’s prices.

Click here for more information.


GET ADVICE

Grosvenor Trust & Savings, established in 1989, has years of experience providing pension advice.

Click here for more information.


 


 
 

Insure Your Loan Payments

 

Melwoods Chartered Certified Accountants

   

© 2009
CCBA
10-12 Lawn Lane, Hemel Hempstead, Herts HP3 9HH
Tel 01442 347850; Fax 01442 347801

Queries regarding this page should be directed to CCBA:
info@ccba.org.uk

Terms and Conditions for this Website

 

   

 

Business Services Legal Services Financial Planning Protecting You and Your Business Computer Contractors Benefit Association Resources