Thinking about me and my family’s future – Pensions!
NB This is an Advertorial Feature for MKT Wealth Management but the views and opinions are my own
I turned the big 4-0 last earlier this year and it got me thinking about the future. I knew that getting the right pension in place now is going to make all the difference to having the future I want, so I decided to tackle a job I’ve been putting off for a long while – thinking about pensions.
Paul Pattinson and his business partner own MKT Wealth Management based on Priory Park East Hessle and give all types of financial advice to people. A consultation is with no obligation. He had been recommended to me so I decided to take the plunge and arrange a chat to actually start understanding what a pension is, how much I would like to live on when I retire, and therefore what I need to do now. I have learned so much!
We had our first meeting on zoom and felt the advice he gave us was really fair, he has so much expertise and knowledge in this area. Paul was fantastic at explaining simply how pensions work and the options available, he was very patient with me and answered all of my questions. I knew that I would get a small state pension but I hadn’t thought if that would be enough (it is definitely not enough!) and what sort of income I would like when I retire both for me and to know I have enough to provide for my children.
I have a couple of pensions from past employers but I had no idea what they were, what they would give me and when. My husband also had a few pensions from past employers so Paul looked at both of our existing pensions together. He did all the groundwork – getting the information together and analysing it – then advised us both what they would give us and if there was a better place for them.
I’ve been self-employed for 6 years and haven’t got a work pension plan at the moment. I had no idea I could set one up under my company, and that it would reduce the tax I pay! So I will be saving for the future and saving on paying as much tax now. For anyone who is self employed this is an absolute gem of knowledge I wish I had known about sooner!!
When we had agreed the plan Paul very quickly sorted it all out and got everything set up. He advised when we would be able to access the pension money and also advised us how to put it in trust for our children. I just feel so relieved that we have a plan, we are putting money away for the future and we will have what we need to live on when we are old and grey.
Paul made everything so easy and I feel really reassured, and relieved that I have finally tackled my pension! If you would like to speak to Paul, you can call him on 07961 894957, email email@example.com or visit his website here.
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MKT Wealth Management Ltd is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website www.sjp.co.uk/products.