Highly rated by our clients on independent reviews website reviews.co.uk

Highly rated by our clients on independent reviews website reviews.co.uk

Highly rated by our clients on reviews.co.uk

Expert Pensions Advice

Pensions are complicated and ever-changing; do you want to make sure you are on track to achieve your retirement goals?

Pensions advice – Saving for the longest holiday of your life.

Black Lion Wealth offers expert pension advice to a wide range of private clients throughout the UK.

What would you like to do when you retire? Travel the world? Enjoy your garden?  Learn a new skill?  Perhaps all of them.  And indeed, why not?  You’ve earned it.

We’re all living longer now. In theory, you could enjoy several decades of good health in your retirement. At least, we hope so. Black Lion Wealth aims to help you look forward to your golden years with pleasure. We offer expert pension advice in the UK to a wide range of private clients.   

Whether you’re employed or self-employed, there is a raft of pension options out there. We will draw on our experience and expertise to offer you our very best pension advice for your needs based on the information you give us.

Black Lion Wealth – a different approach

We possess a broad array of knowledge in several domains, be it accident and sickness insurance, critical illness cover, life insurance, income protection, business protection, investments, and inheritance tax and trusts. Expert pensions advice in the UK is what we’re known for, but we offer much more.

We’re not pensions sales people.  Just the opposite, in fact. We want you to recommend us to your friends and family for our friendly, professional approach, so we’re here to help.

We’re a team of holistic advisers who believe in educating and helping our clients as much as we can. Why? Because we’re all different, with exclusive needs and goals. Essentially, your ideal retirement is probably different from your neighbours, friends, and anyone else you can think of. For this reason, we’ll take the time to build up a distinctive picture of what your ideal post-work lifestyle looks like.

With expert pensions advice in the UK, we aim to help you retire in the style you truly deserve. And, it’s not complicated either. But you do need to start thinking about your pension right now.

Retirement seems like an awfully long way away into the dim and distant future, doesn’t it? For many, the idea seems odd – inconceivable, even. Investing funds in a pension in your twenties or thirties may seem way too early. Pensions are for old people. Well…no, not really. Trust us on this one.

Right now, life is rushing by at a million miles an hour. You will look back in a few years with astonishment at just how quickly time has flown. Have you made provision for your retirement? In our opinion, without a well-structured plan, you may not be able to manage financially. Or, your lifestyle could be dramatically downgraded.

In summary, the State pension is simply not enough to live on for most people..

Yes, you do need to start thinking about your pension right now.

Retirement.

Seems like an awfully long way away into the dim and distant future, doesn’t it?  For many, the idea seems odd – inconceivable, even.  Investing funds in a pension in your twenties or thirties may seem way too early.  Pensions are for old people.

Well…no, not really.  Trust us on this one.

Right now, life is rushing by at a million miles an hour.  You will look back in a few years with astonishment at just how quickly the time has flown.  Have you made provision for your retirement?  In our opinion, without a well-structured plan, you may not be able to manage financially. Or, your lifestyle could be dramatically downgraded.

In summary, the State pension is simply not enough to live on for most people.

So, what actually is a pension?

In a nutshell, a pension scheme is a type of tax-efficient long-term savings plan that helps you to save money for later life.

The importance of a pension plan’s tax relief benefits cannot be underplayed. It’s perhaps too complex to address in detail here; however, with the right expert pensions advice, you could make considerable savings against tax.

It goes without saying that there are several different types of pension schemes on the market. Also, having additional plans doesn’t mean that you can’t save into another, or purchase an ISA. At this point, we should mention that it’s a good idea to consult the experts here at Black Lion Wealth. Pensions are our thing; it’s what we do.

Company pensions. A word on auto-enrolment

To give you a complete picture, in brief, if you are an employee, you are by law automatically included in your company pension scheme.

How does it work? Both you and your employer make contributions (the amount will depend on how much you earn), and you benefit from tax relief from the government on basic rate earnings as an additional deposit into your pension pot.

Of course, you can opt out, but the default option is to opt in.

However, it’s not good news for everyone. For those of you who are self-employed or a director in a self-employed capacity, it’s not an option so naturally you won’t qualify for this. Here at Black Lion Wealth, we offer professional pensions to many busy people like you, so don’t hesitate to get in touch.

An ever-expanding pension market.Pension freedom for all.

Over the last few years, the pensions market has been opened up like never before.
Arguably, the biggest and most impactful change is the arrival of something called pensions drawdown in 2015.vSimply defined, if you’re 55, subject to tax, your money is, well, yours. You can withdraw (or draw down) as much of your acquired pension pot as you like – all of it, even.
Also, you can also take smaller lump sums periodically, or withdraw up to 25% tax-free, and use the rest to generate a regular taxable income. Other changes have included easier, more flexible rules on the passing of pension wealth to beneficiaries on death.

How Black Lion Wealth Can Help You With Expert Pensions Advice in the UK

Many pensioners or would-be pensioners are unsure of the approach to take with regards to their pension pot. Should they draw money from it at regular intervals, withdraw large amounts when the need arises, or simply leave their pot untouched to ensure future financial security?

As you can probably tell, because the freedom afforded by pensions drawdown brings with it a degree of risk, it’s vitally important to seek pension drawdown advice. Arguably, it’s easy to make mistakes.

Black Lion Wealth offers expert pensions advice in the UK in many areas of specialisation. For instance, we will review your complete situation including your current and probable financial requirements in the future, your current financial position, and the existing pension schemes and investments to make an overall assessment.

Based upon the comprehensive review, we will determine the best possible approach. We’ll shed light on the various options pertaining to what you can do with your pension pot, which is the most lucrative pensions investment options for you, where to transfer your pension, how to maximize returns on it, get a regular income, obtain an adjustable income, or withdraw large sums of money or even all of it. Most importantly, we will help you understand your pension statement, how much you will have at retirement, and how to maximize its value so you have a clear picture of your financial readiness. As explained before, we will work with you to help you choose an option that is in YOUR best interests. Moreover, we will provide a comparison between the different providers.

To take the first step towards a stress-free, financially independent and secure future, contact the team at Black Lion Wealth for jargon-free, expert pensions advice in the UK.

Free Consultation

Call us on 0203 146 2259

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If you are outside the UK please give us a call on 02031462259 or email us at info@blacklioninsurance.co.uk"

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If you are outside the UK please give us a call on 02031462259 or email us at info@blacklioninsurance.co.uk"

Important Information

The value of Investments is not guaranteed and can fall as well as rise and you may not retain the amount you originally invested.

If you drawdown too much Income or your investments underperform, you run the risk of running out of funds.

Both Black Lion Insurance & Black Lion Wealth are Trading Styles of PRG Protect Ltd

An ever-expanding pension market.  Pension freedom for all.

Over the last few years, the pensions market has been opened up like never before.

Arguably, the biggest and most impactful change is the arrival of something called pensions drawdown in 2015.

Simply defined, if you’re 55, subject to tax, your money is, well, yours.  You can  withdraw (or draw down) as much of your acquired pension pot as you like – all of it, even. 

Also, you  can also take smaller lump sums periodically, or withdraw up to 25% tax-free and use the rest to generate a regular taxable income.

Other changes have included easier, more flexible rules on the passing of pension wealth to beneficiaries on death,

As you can probably tell, because this freedom brings with it a degree of risk, it’s vitally important to seek pension drawdown advice.  Arguably, it easy to make mistakes, so contact the team here at Black Lion Wealth for some expert, jargon-free advice. 

Pension Advice – Accessing Your Pension Early?

Pensions are supposed to be there for you when you retire. But with a retirement age of 55, sometimes you just can’t wait until the proper age before accessing some of your pension. While it’s nice to know that you’ll have your pension at a future date, that doesn’t help if you need money now. So what are you supposed to do when most pension advice says “you can’t” but there’s that one company that promises you tax-free access to your pension?

Unfortunately, while recent changes allow pensioners to access up to 25% of their pension once they reach the age of 55, you’re still unable to cash out or take distributions from your pension before retirement age without a huge tax bill. Starting in 2028, that age will be pushed back two years to 57, adding two more years to the wait.

What About Pension Liberators?

For those that don’t want to wait until age 55, there are certain pension liberators that claim to get you tax-free access to your money before your proper retirement age. However, just because they claim to be able to get you your money without penalty doesn’t make it so. More often than not, these are pension scams that hope you’ll look the other way until after the deed is done and they’re long gone.

It comes in many forms — from emails to phone calls and even text messages — but a so-called pension liberator is trying to liberate you from your pension, not help you access your pension before retirement age. Sometimes they even target pensioners over the age of 55, promising better returns in another kind of account than the safety of your pension.

While the scams may differ in focus and promises, the best pension advice we can give is to stay far away. Accessing your pension early can represent a whopping, 55% tax, and if you send the funds in your pension elsewhere, you could be putting your entire retirement in danger.

How To Keep Your Money Safe

If something doesn’t seem right to you, check the government’s ScamSmart website, which provides three great steps to help you stay smart with your pension money.

First, don’t answer cold calls. Legitimate businesses and services will never cold-call you out of the blue, making all sorts of promises without you having contacted them first. By avoiding calls from numbers and callers you don’t recognize, you’ll stop the scammers dead in their tracks before they even have a chance to get started.

Second, check the FCA Warning List for disreputable companies that are looking to siphon off more than their fair share of your pension. While it’s hard to keep track of every scammer out there, this list is a good place to start if you have a question about the pension advice you’re given. If a firm you’ve been talking to is on the list, contact the authorities and cease all interactions.

Third, get some impartial pension advice. Since pension scammers are attempting to conduct illegal activities, the advice they give won’t align with the advice that a reputable company would. If you’re talking to several firms and they’re all saying the same thing, yet one is promising you something that seems too good to be true, it probably is. Scammers are also quick, fly-by-night operations that won’t have a track record in the community, so if information about the company is hard to come by, you’ll want to stay away.

For more pension advice from Expert Financial Advisors UK, contact us.

Why speak to us – Our client charter?

  • We love what we do, and more importantly, we are qualified to do it – we aim to provide a fully comprehensive service to all our clients.
  • We are confident that we will deliver a high-quality service that will be amongst the best in the financial services industry
  • We continually strive to improve our personal development
  • We follow the principles of treating customers fairly set out by the Financial Conduct Authority
  • We treat our clients as we would like to be treated.

Pensions Advice

   How Black Lion Wealth can help.  We offer specialist advice on:

   Self-Invested Personal Pensions (SIPPs)

A self-invested personal pension (or SIPP) is a type of defined pension scheme.  In other words, it’s a private personal pension plan that enables you to plan for your later years, when you are no longer working.

Ideal for contractors, director and the self-employed, a SIPP empowers you to be in control of your pension’s investment strategy.  There are some useful tax and legacy planning opportunities, too. Moreover, your spouse and your family could benefit.

Of course, the value of your retirement benefits will be determined by the amount of contributions you make and the period over which you make them.

The team here at Black Lion Wealth will be happy to offer you our best advice to help you choose the best options.

Pension drawdown advice

Part of the pension freedoms legislation of 2015, access to your own pension funds now offers powerful flexibility and personal autonomy.

However, pension advice from Black Lion Wealth could offer you all the financial security and peace of mind that you need.

Apologies, but you have to know what you’re doing here.  We understand every part of this regime.  This means that we know best to protect your hard-earned money from too heavy a tax burden.  Also, how best to pass on its benefits to your family after your death.

If you drawdown too much Income or your investments underperform, you run the risk of running out of funds.

Don’t leave it to chance.

Annuities

An investment in an annuity (buying a product that pays an income each year until you die) was – before 2015 – and still is, a viable aspect of retirement planning.

However, there’s a long list of considerations to think about here.  In other words, things to know and understand, such as fixed, variable, deferred income – lots of complicated terms.

Make sure that you get the advice you need from us before you decide.

Pension switch and consolidation advice

In our lifetime, most of us will have more than one job, each with a pension scheme as part a remunerations package.  You may wish to ask us about how best to gather together all your “pension pots” into one place.

Not only can we offer you the benefit of our experience and expertise, we can also put the consolidation process into action.

    Pensions – where we are now

The range of pension options on the market has never been broader.

On the one hand, this is good news for the canny investor.  On the other, how do you know that you’ve made the right choice? How much should you save?  What are the different types of pension products out there?

We hope that we’ve convinced you to consider pensions advice.

We’re all living longer.  The retirement age is rising.  Life isn’t going to get any cheaper any time soon.  Building up your own private nest will make your retirement easier to plan.  Do the right thing today. Give Black Lion Wealth a call.  We’re here to help.

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About Us

We are a dedicated team of financial advisers, with years of experience in guiding our clients to a solution that meets their specific needs. We specialise in helping both employed and self employed individuals, as well as business owners on a variety of solutions, which range from life insurance, income protection insurance, keyman insurance and shareholder protection insurance.

The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

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Black Lion Insurance & Black Lion Wealth are a Trading Style of PRG Protect Ltd

PRG Protect Ltd: Registered in England & Wales, No. 08286239.  Registered Office: 51 The Parade, Cardiff, South Glamorgan, Wales, CF24 3AB