Planning for RetirementRetirement


How to approach your retirement planning; questions to consider:

  • How am I progressing toward my retirement income target?
  • Do my saving habits need to change?
  • How has my pension plan performed so far?
  • Would another pension be better suited to my needs?
  • Would I be better merging my pensions?


  • Advice and assistance with workplace pensions / auto enrolment
  • Beware of using the basic pensions; their back office systems and inadequate support infrastructures can mean more work for you.

At Templegate, we are here to help you find the answers to these key questions.

Proposed Pensions Advice Allowance

Savers of any age who are planning for their retirement will now be able to withdraw up to £1,500 form their pension pots, tax-free, to pay for financial advice.

This allowance was first announced back in the Autumn of 2016. The purpose is to enable an individual to make a £500 withdrawal directly from their pension pots to be used towards the cost of financial advice. The stipulation is that 3 separate withdrawals of £500 would be permitted but these must be taken on 3 separate occasions over 3 separate tax years. This would benefit individuals by providing them with access to advice at different stages during their lifetimes. Specifically this might be when first choosing a pension or just prior to taking retirement.

Please bear in mind that the total cost of certain types of advice may exceed £500.

So what next?

The only thing left for you to do is pick up the phone and call Templegate on 01264 300125 or 0345 833 8837, email or complete our enquiry form.

Templegate Financial Planning Ltd is an appointed representative of 2plan wealth management Ltd, which is authorised and regulated by the Financial Conduct Authority. 2plan wealth management Ltd is entered on the Financial Services Register under reference 461598. The FCA do not regulate will writing services or some forms of mortgages and Inheritance Tax planning. The information and content of this website is intended for UK consumers only and is subject to the UK regulatory regime. Templegate Financial Planning Ltd. Registered Office: Winton House, Winton Square, Basingstoke, Hampshire, RG21 8EN Registered in England No. 04416499.