Start guiding your finances with Compass

Later Life & Retirement Planning

Having spent your working life accumulating your pension fund, you’ll want to make sure your money provides for you later in life. At Compass we can talk you through all the options available to you.

At retirement planning

There are a number of options available to enable your pension to provide for you in your retirement years. The tax you will pay will vary depending on the route that you feel is best to take.

It used to be compulsory to purchase an annuity (agreement to pay an income for life) with your pension – an option that is binding and can’t be adapted to your changing needs. Nowadays annuity purchases are not compulsory and there are many other options to consider.

Our local financial advisers can help you gain a better understanding of all the options available to you so you can decide which best fits with your retirement plans.

Long-term care

Deciding in advance how to fund long-term care with financial planning can make things much easier in the long run. The options for funding long-term care are varied and can often be complicated. So if you or a loved one needs to pay for care either at home or in a care home, it’s important to get the most up-to-date information and advice.

At Compass we can help you decide what’s right for you or your loved one when it comes to funding long-term care. Trust us to help you find the best solution – contact us today for a chat about the options.

How can Compass help me in retirement and later life?

At Compass we can help explain all the ins and outs of the different options available to you in your retirement years and help you choose the right option for you. As your circumstances change, we can be there to help you make your capital work efficiently when you need it most.

Call us on 01603 717202. We'll point your finances in the right direction
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