We want to keep you in the style you are used to, when you retire!
No matter how strange it may seem to start thinking about retirement now, if you are eighteen or over you need to plan ahead so you can fund the lifestyle you'd like when you retire. Many people regret not starting their retirement planning earlier enough and have poor finances later in life.
Pension plans are a convenient way to provide for your future, whether you have a lump sum or monthly contributions to invest towards your future comfort in retirement.
Guernsey Post, in association with Cherry Godfrey, a carefully-selected local provider, offers a choice of pension plans that are high quality and represent great value. And with qualified financial advisors from Cherry Godfrey there to advise you, both at the set up of the pension and ongoing throughout the life of your pension, you can rest easy that all the hard work will be done for you!
Included as standard with Retirement Annuity Trust Schemes (RATS):
- Qualified advisors will explain your options in simple terms and guide your planning based on your circumstances
- 20% tax relief on your contributions for Guernsey taxpayers, subject to limits
- Choice of actively managed investments
- Option at retirement to receive a tax free lump sum of up to 25% of the fund value
- Facility to borrow up to 25% of the fund, subject to minimum balance requirements
- For added security, independent trustees monitor funds
- In the event of your death, remaining funds can be transferred to your estate
- If deemed beneficial, funds can be transferred to RATS from existing insurance schemes
- No requirement to purchase an annuity at pension age
Call now on 727388!
Insurance and/or investments are arranged by Cherry Godfrey Insurance Services Ltd., which is licensed by the Guernsey Financial Services Commission (GFSC). All advice is provided by Cherry Godfrey Insurance Services Ltd. in accordance with their appropriate authorisations from the GFSC.