Pension planning

What you need to know

You probably know when you want to retire - and you probably know how much income you'd like in retirement - BUT - do you know how you will achieve this?

What you need to know is how much you need to be investing into your pension each month to ensure your pension gives you the income you need when you retire

Things to know:

• Stakeholder pensions are a low-cost flexible way of saving for retirement.
• You get tax-relief when you make pension contributions. So for every £78 you pay in, the tax-relief means £100 is paid into your fund
• The rules regarding pensions are changing on April 6th, 2006 (A-day). You need to act now to find out how this affects you.

For a wowfm A-day Fact sheet, click here

For a factsheet on Retirement Planning in general, click here

How we can help you

When it comes to pensions and pension planning, there's not much the wowfm pension experts don't know!

We can review your current pension arrangements for you to make sure that they are "on-track" to give you what you want in retirement. To find out more, open this factsheet or contact us

If you haven't started saving for retirement, we can make you aware of all the options open to you and give you some idea of what you need to be putting away each month.

If you'd like to find out more about how the new pension rules (A-day) will effect you - we'd be more than happy to sit down and discuss this with you.

To discuss any of these issues, just call 0845 201 1582 or e-mail info@wowfm.co.uk