retirement

One of the biggest challenges that people can face is leaving their employer after many years of service

As you are looking at our services we know that you appreciate the importance of providing support for your staff at this important time in their life. The right guidance can make a big difference to how quickly and how well people adapt to this new way of life.

The sample agenda below has been designed to reflect our considerable experience of the most important issues your staff will need to address pre and post retirement and can be delivered over various time scales with the key difference being in the delivery style.

Suitability

These courses are most commonly attended by those who would like to consider retirement within the next 12-18 months but are also very valuable for those aged 50+ who would like to start planning ahead.

They are suitable for all employment grades.

Course Objectives & Sample Agenda

·    To alleviate myths and fears about retirement and help you to approach retirement with confidence

·    To provide practical information about a comprehensive range of key retirement issues in a logical, structured “joined up” manner

·    To encourage an exchange of perspective and ideas

·    To raise awareness and the importance of planning well ahead

·    To encourage financial confidence through increased knowledge and understanding

·    To give reassurance and guidance and encourage a positive approach to retirement

·    An opportunity to seek independent financial advice (free, no obligation consultation)

Managing Change & planning for the future

Identifying delegate concerns

Lifestyle, relationships, status, time, motivation

Creating a new future

Using time effectively

Volunteering

Leisure & Learning Opportunities

Further employment

Maintaining health

Mental, Physical & Social Emotional aspects

Holistic approach - Practical steps

State benefits

Pensions (Basic, S2P, SERPS, Graduated)

Other benefits

Occupational Pension

Benefits & options at retirement

AVC – Open Market Option

Early retirement (if applicable)

Maximising pension benefits

Personal taxation & NIC

Taxation of pension & other benefits + tax tips

Money Management

Pre & post retirement budget

Use of income and capital in retirement

Equity Release Schemes

Investing in retirement

Fighting inflation & longevity

Investment principles (income & growth)

Reducing investment risk

Case study

Legal & other issues

Arranging a will/deed of variation

Power of attorney

Mitigating long term care costs

Inheritance tax

Thinking about the future

Planning and thinking ahead

Seeking professional advice