Regardless of the life stage you have arrived at, it is important to receive expert and professional advice on your pension requirements. Whether you need to review your existing pension arrangements or set up your own personal pension, Wise Financial Consulting aims to help you make the most suitable decisions based on your individual circumstances.

We provide individual solutions to your individual needs and combine this with our investment strategy to help provide advice on the most appropriate pension for your future.

Personal Pensions

A personal pension is simply a savings plan designed to give you an income for the rest of your life once you retire. Tax relief is given on the amount you contribute at your highest rate of tax so it helps boost the amount that is invested. Once your money is invested it grows free of capital gains tax, bar, Income Tax and dividend tax credit however where you invest the money can be the critical factor.

Please read our Investment Strategy page for exact details on how we aim to help you maximise your growth potential.

Once you choose to retire which is now a minimum of age 55 you can choose to take some of your pension as a tax free lump sum and usually amounts to a maximum of 25% of the pension pot. The remaining money is then used to buy an Annuity which will give you income for the rest of your life. There are other options available on retirement other than taking an annuity so please contact us to discuss the other options.

Self Invested Personal Pension (SIPP)

A Self Invested Personal Pension works along the same lines as the personal pension but with a few more options and gives more flexibility.

The self invested option gives you a much greater range of investment options than allowed by most traditional insurer supplied pension plans. Investment is allowed directly into Equities, Stocks and Shares, Unit Trusts, OEICs, Gilts and Commercial Property to name a few.

Many SIPP’s are used by company directors / owners to take advantage of tax legislation by placing their commercial premises inside of their SIPP. If you would like to know more about SIPPs and how best they can work for you then please contact us.


A Stakeholder pension is a personal pension plan for anyone who wants to invest for retirement in a tax efficient way. A stakeholder plan has to meet government standards on how much you can pay, the charges, stopping and starting premiums amongst other terms and conditions.

Most pension providers offer Stakeholder pensions and for the right person they can very useful however the restriction on charges usually means that there is a limited number of funds to choose from. The tax rules on Stakeholder plans is identical to that of other forms of personal pensions.