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

Pensions Advice

Expert pensions advice from Black Lion Wealth 

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.

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

We’re all living longer now.  In theory, you could enjoy several decades of good health in your retirement.  At least, we hope so. Our aim is to help you to look forward to your golden years with pleasure.      

Black Lion Wealth – a different approach

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.

The team here at Black Lion Wealth prefers 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.  Have you thought about that?  Don’t worry, we know what to ask.

With our advice, we aim to help you retire in the style you truly deserve.

And, it’s not complicated either. 

Yes, this really is pensions advice.

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. Perhaps too complex to address in detail here, with the right pension investment advice, you could make considerable savings against tax.

It goes without saying that there are several different type of pensions 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.  They may not be yours. 

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.  If you are self-employed or a director in a self-employed capacity, 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. 

Financial Advice

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.

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.

What our clients are saying

Black Lion insurance were great in helping me get through the countless jargon and pitfalls when it comes to setting up insurance. I was thankfully recommended to them by a colleague and they made the process seamless ensuring I have the most appropriate policy for me

Thomas

I’m an IT contractor and I wasn’t sure if I was eligible for this cover, however, to my delight, not only could I have the cover, but I could pay it through my Ltd company. I was covered within an hour of getting in contact. Very prompt and informative service!

Sanjay P

Polite and very clear when explaining my product of interest. Happy to answer any questions and recap on areas that I wanted to ensure I understood clearly before committing. Didn’t feel pressured or rushed at any point and the chap was very pleasant.

Donna Rudd

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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.

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