Personal Pensions

A Personal Pension is the main type of plan that an individual is likely to use to build up a pension fund that can then be accessed at retirement. They are available to anyone from age 0 to 75 who resides in the UK, whether employed, self-employed or indeed unemployed. All personal contributions attract tax-relief at the individual's highest rate of tax and contributions can also be made by an employer (subject to maximum Annual Allowances).

Your contributions will be invested in the funds of your choosing from those offered by the provider, which will vary both in number and type. They will cover all investment types from cash to gilts, property, bonds and equity, UK and overseas. The investment risk levels vary between these funds and must be given careful consideration.

As well as tax relief on the contributions, pension plans benefit from the tax treatment within the plan itself resulting in virtually no tax being paid on the investment growth.

All pension plans are governed by HM Revenue & Customs rules, see Annual Allowance and Lifetime Allowances.

Download our comprehensive pension options guide by clicking on the above image.

Financial Advisers

Jonathan Walker
Jonathan is the director and joint owner of the Pension Drawdown Company.

Robert Bolton
Robert is a practising Barrister and is also fully qualified as a Diplomaed Financial Adviser.

Bob Diamond
Bob is a Pension Specialist who has been with the company since its incorporation in 1996. Bob has been a financial adviser since 1989.

Andrew Ross
Andrew is a qualified financial adviser and is undertaking further training to become fully diplomaed.

Roger Easterbrook
Roger is a financial adviser with a background in Executive Search and is close to completing the Diploma.

Click here for more team members.

Market Monitor

Updated: 6th February 2012

Signs of an improvement in the US economy and an absence of bad news from Europe helped global equities stage their strongest weekly rally in several months. A surge in hiring in the US economy drove the Nasdaq index to an 11-year high on Friday, as optimism grew that the jobs market is on a steady path to recovery. Technology stocks gained a further boost as Facebook 's long-awaited IPO filing drove a two-day rally in internet names. The US dollar rose against the euro, the pound and the yen as investors speculated that the positive signal on the US economy would lessen the chance of a further round of quantitative easing.

European stocks closed at their highest in more than six months, while the FTSE 100 closed at its highest since last August. For the second week in a row, government bonds rallied as talks continued over the eurozone debt crisis with private creditors to Greece coming closer to an agreement on the country's debt. However, the week's news wasn't all positive, as Portuguese government bond yields surged to much the same levels that forced Greece to ask the EU for a second bail-out last year.

Important information: This update is intended to be for information purposes only.

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