Retirement Planning

AAC are one of Glasgow’s premier retirement specialists we can guide you through the maze of planning your retirement in areas such as:
Starting a pension and level of contributions to meet your goals.

Which types of investments are suitable?

• Purchase of commercial property/land through pensions (seo and link needed)
• Syndicated arrangements
• Self invested schemes
• Pension and Divorce
• Your options at retirement (seo needed and link)

Before 6 April 2006, when pension rules went through a major revision - there were two main ways of securing an income in retirement: an annuity or an income drawdown plan.
An annuity provides strong protection and security, but with little opportunity for flexibility and growth.
An income drawdown plan offers growth, but at greater risk if there is a market turndown.
Today a number of insurance companies offer a 'third way' in an attempt to offer a product which combines the best of both previous options, with none of their disadvantages.

Several companies provide an ideal combination - the security of the annuity and the flexibility and growth of income drawdown. It includes an optional feature 'guaranteed retirement income plan' (GRIP) which provides a minimum guaranteed income for life, and offers the potential to grow your pension income by investing assets in a range of investment funds.

These contracts offer security through an income for life combined with the potential for growth and it represents an effective response to consumer demand.
Nowadays, your investment needs to grow. According to the government's actuary department, someone who is 50 years old today can expect to live to 85. During those thirty years, everyday costs are going to rise, and your investments must rise with them to ensure a prosperous retirement.