Pension planning
Pension planning is fundamentally about retirement planning. Our expert financial advisers can help ensure that your pension will provide you with the income you’ll need in retirement.
Pension planning experts for your retirement goals
When you’re planning your pension, you’re really planning a significant aspect of your retirement. The places you want to go, the hobbies you want to pursue, the lifestyle you want to have – all the exciting plans you have for your retirement are influenced by your pension and the financial decisions you make today. Financially planning for that future – whether it’s still in the distance or right around the corner – can feel overwhelming, but it doesn’t have to.
At Flying Colours, our independent financial advisers are here to help you navigate the complexities of pensions to set a course to a happy, comfortable, and financially secure retirement. Whether you’re considering consolidating old pensions, protecting your retirement income from inflation, or building a tailored asset strategy, we can guide you towards the best financial decisions.
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Understand your pensions
We’ll help you identify what pensions you have and whether they’re still suitable for you and your family.Clarify retirement plans
We’ll work with you to clarify what you want from your retirement and how soon you can make it all happen.Create a retirement plan
Once we understand your retirement goals, we’ll recommend the best course of action. As part of this, we’ll ensure your current pensions are fit for purpose.Take control of your pensions
Most people have several jobs in their lifetime, which can make it hard to keep track of all their individual pension plans. Are you in control of all your pensions?
To add to the problem, the UK government has a habit of tinkering with pensions. Frequent changes to taxes and allowances, along with inflation, can erode their value over time.
Our financial advisers can help you to assess whether your current pensions are right for your retirement objectives and ensure your money is working for you. Most importantly, we can help to ensure that you have a sustainable income in retirement.
What’s the difference between pension planning and retirement planning?
Pensions are a product designed to help fund your retirement. Planning and managing your pensions effectively can have a big impact on your income once you are retired, but ideally it should only be part of your financial plans.
Retirement planning is much broader. It’s about looking ahead to your retirement and the lifestyle you want, the finances you need, and utilising all of your different savings, assets and financial products in a tax-efficient way to fund it. These plans also need to factor in care and accommodation in later life, as well as your financial legacy.
Comprehensive and independent pension planning services
At Flying Colours, we offer a wide range of pension and retirement solutions tailored to your needs.
We can help you to set up, manage or consider whether consolidating existing pension arrangements is right for you. State pensions are also a small but relevant part of retirement planning, and we can help you understand your entitlement, the shortfall between your state pension and desired income, and how this should fit into your overall strategy.
Importantly, we don’t just look at your pensions in isolation. We recognise that they are only one part of the path to financial security during retirement and encourage our clients to explore a more diverse plan for retirement.
Why trust Flying Colours for pension planning?
We’ve built a reputation for reliability and expertise, having helped clients to secure their financial future since 2017. Our team members have decades of experience in pension and retirement planning, and have enabled thousands of clients to fund a happy and financially secure retirement. Our access to the whole market means that you get unrestricted advice, allowing us to shape individualised plans that work perfectly for you.
Don’t take our word for it. Take a look at our Awards and Accreditations.
Why consolidating your pensions could be right for you
Keeping track of multiple pensions isn’t just inconvenient: it could cost you. Every pension plan comes with its own fees, and in some instances outdated investment strategies could limit your returns. Consolidating pensions could help simplify management, reduces costs, and could help you optimise where your pension monies are invested.
Building a clear retirement roadmap
Knowing what you want and need from your retirement is the first step toward achieving it. This is partly about lifestyle and enjoying your wealth in early retirement, but you also need to consider the later phases, too. What income will you need to support you during the quieter middle years of your retirement, or the later years when you may need to consider care and support either in or outside of your home? How do you plan to fund emergencies or household maintenance from your retirement income?
Pension planning is only one aspect of preparing for retirement. A bespoke financial plan from Flying Colours can factor in your pension alongside your savings, assets and other complementary tax-efficient products, to create a retirement pot that’s ready to fund a financially independent and secure future.
Let’s build your financial future
Retirement should be a time to enjoy your life in comfort, not worry about money. With our expert pension advice, you’ll know you’re making the best financial decisions that you can today, to support a stress-free retirement in the future.
Contact Flying Colours today to get started on your tailored pension plan.
Book your free initial chat
Ready to start planning for a brighter financial future? Book now for a free, no-obligation chat with one of our independent financial advisers.
book nowReal stories, real financial outcomes
We’re proud to work with clients who value clear, personal financial guidance. In these short videos, they share their experiences of working with Flying Colours, and the difference expert advice has made to their lives.
Prefer to read? You’ll find full transcripts below each video.
What’s the best piece of advice your Flying Colours adviser has ever given you?
What’s the best thing about working with Flying Colours?
What words would you use to describe Flying Colours?
Would you recommend Flying Colours to other people?
Our other services
Investment planning services
Retirement planning and advice
Inheritance tax and estate planning services
Protection and insurance services
Tax optimisation services
Later life and long-term care planning
Annuity Bureau
Which? Partnership
Natalie is a great Financial Adviser. She was extremely approachable and helpful, spending the time to get to know me and my family's circumstances and was extremely supportive. She took the time to explain quite complicated matters (to me, anyway) in very simple terms, ensuring I fully understood my options to make informed decisions. I really appreciated Natalie's calm and caring style and was very happy with the advice she gave me. I was also very happy with Simon Harvey, who worked with Natalie and followed up with the pension companies to ensure all was on track.
I have received retirement planning advice enabling me to achieve early retirement. George has been supportive and has provided clear explanations and highlighted options and potential risks throughout. Just at the beginning of my journey with Flying Colours but so far so great.
Very professional and informative advice relating to my retirement options. I found Craig to be very knowledgeable and approachable and he gave me sound advise which I acted on. The whole process was well handled, and Craig was never more than a phone, or online meeting away. I would highly recommend his services.
I had been avoiding doing anything with my pensions for years, but I am so glad I contacted Flying Colours. Natalie has been great, she explained everything to me in a way I could understand and produced a really comprehensive report that showed options and outcomes, and reorganised my pensions for me.
Really helpful advice and comprehensive report from Arthur on all matters financial. We sought advice as I neared retirement and was looking for the best way to manage a number of pension pots. With Arthur's help these pots have now been consolidated onto a single platform which is easier to manage. Arthur also provided helpful advice on tax efficient saving ideas.
Great service. I've been with them for several years. Last week I needed a rapid tax free lump sum. I explained situation and legal status and within 4 days money was in my bank account. I appreciate their understanding of the need for rapid processing. George is very professional, and I've been in financial services for years and have a deep mistrust of IFAs but George is one of the best I've dealt with.
I have used my current adviser for many years and more recently been linked with Flying Colours. I find them efficient and trustworthy with regular and helpful financial updates - both written and video.
I have been extremely impressed and happy with the service I’ve got from Flying Colours and in particular my advisor Andrew. Andrew’s patience and ability to explain things in clear everyday language while giving me the reassurance about every step I was taking means my pensions have been sorted and I’m now in the position to make informed decisions about my future. All throughout he’s been transparent and open with me. I’d highly recommend him.
Maxine has been instrumental in managing our financial planning, from pension transfers to tax-efficient strategies within our business. We wholeheartedly recommend her, as we have to friends, colleagues, and family. Her advice is genuine and goes above and beyond her duty to ensure we are getting the best advice at the right time, nothing is too much trouble.
Arthur discussed a variety of options that would suit my future needs and risk profile and I feel he gave me proper independent advice. I feel I made better decisions from understanding the risks and benefits of property v. investment fund and increasing my pension pot. Despite my relatively modest investment, I am taken seriously. Arthur anticipated many of my questions ahead of my first annual review and so despite my funds performance at the current time, I am confident he is helping me to make good decisions for my future financial security.
John is always ready to answer any questions promptly, professionally and in language I can understand. I feel confident with his advice during the current financial problems in the UK.
Excellent service and counsel provided. Would highly recommend. I have been through several advisers over the years but finally feel I’ve found what I’ve been searching for with Flying Colours. The team are consistently helpful and attentive, particularly my contact Billy Ambler who provides a stellar service at every interaction.
My financial adviser Sara Arora Is very personable, professional, friendly and welcoming. We are on the same page when we talk as she explains everything so well and keeps in touch. I am happy with all the updates from Flying Colours, especially with current events impacting investments.