The day has finally arrived; you’re going to be retiring soon. You probably have a calendar on the wall where you are counting down your last working days. The year and certainly the 6 months pre your retirement is very important. You will hear from the company that your pension is with (your pension provider) giving details of what you can expect to receive as an income in your retirement. At Aspects Financial Services we are committed to helping you maximise your retirement income.
The market is continually evolving to address the flexibility of how you can access your pension savings pot – we can help you invest for long term income and death benefits, or shop around for annuities.
Simply put an annuity is a one off purchase that determines your income for the rest of your life. They are as individual as you are. They have features that can be added and tailored to your specific needs. Each feature or option has an effect on the income you receive so it’s important to consider your spouse or dependents arrangements.
Open Market Option
If you remember nothing else please remember this. Don’t accept the first offer and shop around. You have worked hard to save into your pension fund and you owe it to yourself to use your open market option to get the most competitive rate, and/or style of retirement income to suit your needs.
Impaired Life or Enhanced Annuities
Did you know when purchasing your annuity it’s about one of the only times in financial product shopping that it pays to be in ill health. Being overweight, a smoker, being on certain medications to having diabetes are a few of the common complaints that insurance companies consider will reduce your life expectancy. By completing a medical questionnaire which is sent to the companies underwriting department will check eligibility for a higher rate.
You also have the option to delay your annuity purchase or take your benefits in stages by purchasing a fixed term annuity, phased, or flexible retirement. Your circumstances change throughout your lifetime and insurance companies are realising this could be the same in retirement.
Aspects Financial Ltd UK & Ireland
Our Team Of Independent Financial Advisers & Employee Benefits Consultants
Stephen Casey DipPFS, Certs CII (MP&ER), also an Independent Financial Adviser, heads up the team of whom he is very proud!
Stephen has over 30 years of Product Provider, Intermediary and Management experience within Financial Services. His areas of specialisation are Employee Benefits and professional financial advice at highest level to Company Directors/Partners in respect of personal and corporate financial needs.
He has been a member of the local financial services community for some considerable time and as such has built up strong connections within the legal, accountancy, and lending professions, to enable he and his team to offer a complete financial solution for clients
A strong family man with two children and five dogs, to ensure weekends are kept as full as possible, his interests include travel, technology, socialising, and pretending to be interested in DIY.
Lizzie has 20 years in the financial services industry, she joined the Aspects Financial team on the 1st April 2010 and is now Employee Benefit Manager. Lizzie brought with her a vast experience of knowledge on the administration of Group Pension Schemes (Group Final, Salary, Group Money Purchase and Group Personal Pension), Group Protection (Death in Service, Income Protection) as well as individual pensions and protection. Her wealth of knowledge, customer service focus and organisation skills allow her to deal with the administration and management of schemes of all sizes.
When Lizzie isn’t looking after the corporate schemes, she enjoys walking and throwing a tennis ball for her hyper Cocker Spaniel, Freddie, holidaying with her partner and spending time with her family.
Owen, DipPFS, Certs CII (MP&ER), is a fully qualified Independent Financial Adviser with over 25 years’ experience in Financial services. He has worked for many multinational insurance companies since 1991 and has been with Aspects Financial for nearly ten years. He is a fundamental part of the growing success of the business.
When not working, Owen likes to cook, enjoys skiing, running and holidaying with his partner.
Leanne is a new addition to the Aspects Financial family. Leanne’s career in financial services has spanned over 10 years working with large teams of Independent Financial Advisers in Northern Ireland. She has a wealth of experience and knowledge.
Leanne’s aim is to provide traditional adviser administrative support, whilst also assisting management with training on back-office systems, compliance support, and research for the our Investment Committee.
In her spare time she is a voluntary assistant at her local junior choir, and also attends circuit and spinning classes at the gym.
Sarah, our most recent recruit provides support to the sales team and spends the majority of her time on the telephone with clients progressing their enquiries. Much of her time is spent securing appointments for the corporate side of our team, setting up meetings to discuss employers workplace pensions needs.
Ian has worked in the financial services industry for over 13 years, providing independent financial advice for both personal and commercial clients. Whether planning for retirement, passing wealth onto family members or providing protection for your family/business, he can help you achieve your goals.
In his spare time he has 2 young children to keep him busy! Hobbies include football, running and squash. He also has commitments to youth football development through Abbey Villa Football Club.
Sharon is the latest addition to the Aspects team and brings with her a wealth of experience, wit and charm from a local stockbroking firm. In her spare time she enjoys as much of the great outdoors as she can with her boys, with coasteering being a current passion, much to our horror.
Our most recent recruit, Heather will be joining the Aspects Financial Team as our new Employee Benefits Assistant, she will be working with the Employee Benefits Team helping with the day to day administration for our corporate client’s solutions.
Heather also works alongside Newtownards Chamber helping with administration and the organisation of events in the local area. In her spare time Heathers two boys keep her on her toes, she also enjoys motorsport and bush crafting.
Services For Individuals
Services For Businesses
We appreciate that you and your business have wide varying needs, not just within our areas of financial planning, so we are delighted to introduce our chosen business partners who we highly recommend in the areas of commercial insurance, commercial finance, and all matters legal.
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