If we say we are going to do something we do it – we don’t make false promises.
We offer a monthly fund selection monitoring service to each of our clients. That means that you can have the peace of mind knowing that your money is being looked after and monitored rather than being invested and only reviewed a year later.
We provide sound and sensible advice to our clients always putting their interests first. We never take anything for granted and constantly strive to obtain the best returns or lowest premiums we can for a client.
- Retirement Planning – arranging pensions, Personal, SIPPS and SSAS’s
- Options at Retirement – Annuity Purchase, Unsecured Income & Phased Retirement
- Wealth Management – Investments
- Protection – Family, Income, Business
- Estate Planning – Inheritance Tax Planning
Retirement Planning
Your retirement should be something to look forward to – a chance to take up new hobbies, spend more time with family or friends or travel the World – not worrying about how to make ends meet.
A Pension is an investment with significant tax advantages – contributions attract income tax relief at up to 40% for higher rate tax payers and the investments within the pension are virtually free from tax.
Personal Pensions
With 70 being the new 50 and many people living longer and remaining fit and active, having a good pension has never been more important.
Having a pension will allow you to build up a private fund to help ensure you have a more secure and comfortable retirement. Personal Pensions can start from as little as £100 a month or a lump sum of £1,000, adding more whenever you want to.
SIPP’S
SIPP’s (Self Invested Personal Pensions) were originally introduced to help give greater pension investment flexibility.
The Inland Revenue allows a wide range of investment choice which frees the SIPP to invest in a wide range of different types of investment. For example:
- Stocks and Shares quoted on any recognised exchange.
- Unit Trusts, Investment Trusts and Open Ended Investment Companies.
- Deposit accounts.
- Commercial Property.
- Futures and Options traded through a recognised exchange.
SSAS
SSAS (Small Self Administered Schemes) arrangements offer a flexible and tax efficient way for company directors to manage their retirement planning. We will tailor your scheme to your individual needs and act as Scheme Administrators on your behalf.
Contributions to these types of pensions are very flexible and not usually a contractual obligation of the sponsoring employer. The level and frequency of payments can also be varied to match the profitability of the company.
Contributions are allowable as an expense against corporation tax and subject to the local Inspector of Taxes’ agreement, provided that they are deemed to be wholly and exclusively for the purposes of the trade of the company.
There are numerous investment opportunities available with these Small Self Administered Schemes, including:
- Commercial Properties
- Stocks and Shares
- Commercial and Residential property funds
Options at Retirement
You can take benefits from your retirement plan any time after the age of 50 (55 from April 2010).
Annuity Purchase
An annuity is a where you pay in a lump sum – normally from your pension plan – in exchange for a regular income. It is a contract that guarantees to pay you an income for a defined period of time or, as is often the case, for the rest of your life no matter how long you live.
It is important to make the right choices when looking to buy annuities as once it is set up, you normally can’t change it. At Langham Pensions and Investments we are a team of friendly retirement experts who can help you decide which annuity might suit you best.
Unsecured Income & Phased Retirement
Unsecured Income – Many of our clients who have larger funds of £100,000+ or perhaps smaller amounts but who have other guaranteed income in retirement, often consider Unsecured Income or as it was previously called, income drawdown.
This is where income is drawn from an invested fund rather than an annuity. This may give added investment risks and is therefore not suitable for everyone but the greater flexibility and in some cases improved death benefits can be attractive.
This plan very much depends on your circumstances and attitude to risk. Unsecured Income (formerly drawdown) provides greater flexibility and a higher potential income, but annuities, being guaranteed, give greater security.
Phased Retirement – Phased retirement is a personal pension plan which accepts existing funds and allows you to buy an annuity or income drawdown in stages rather than all at once.
The plan is normally divided into 1,000 equal segments and each year you decide how much income you need. You then cash in as many of the segments as necessary to provide your chosen level of income.
Wealth Management
Investments – Our investment management service is designed for individuals and trustees who want their assets proactively managed across a range of asset classes and to follow their own personalised LPI strategy. Our objective is to increase the value of your capital by investing in consistently good performing investment funds with low volatility, which meet our strict LPI criteria.
As with all our other services, we listen to your needs and tailor solutions to meet your own personal requirements.
Protection – Family, Income, Business
Protecting your family, your home, your income, your health and your business are all important issues to you and to LPI. We can help you to determine the right levels and type of protection that you need taking in to account several important factors including:
- Your age
- Your income
- Whether you have any dependents?
- Whether you have any debts, mortgages, loans etc?
- What you feel is the perceived risk?
Estate Planning
Inheritance Tax Planning is certainly a topical subject with many people now having significant wealth through property appreciation, the sale of a business, accumulated savings or inheritance.
With Langham Pensions and Investments we will help you to retain control of your assets and ensure that the next generation gets the most from you and your family’s legacy.
