Retirement Savings

Probably, amongst all of the other challenges we will face during our lifetime, the one that will ultimately face us all will no doubt be the need for an adequate income in retirement. People are generally living much longer, and with recessions hitting the funding of pensions, the need to provide both security, choice and options at every stage in life has never been so important.

At CBK Wales, our financial advisors have a wealth of experience in assisting and advising our clients on how to properly plan for their retirement, during the period where you are saving as well as when you are about to retire. As the options now open to people are so diverse and complicated in so many cases, we are happy to assist and advise you on the pension options available to everyone. CBK Wales provides advice on all of the products listed below:

  • Cash Flow and Retirement Income Forecasting 

  • Personal Pensions 

  • Self-Invested Personal Pensions (SIPPs) 

  • Small Self-Administered Pension Scheme (SSAS) 

  • Occupational Final Salary Pension Transfers 

  • Occupational Money Purchase Pension Transfers 

  • Pension Fund Consolidation 

  • Flexi-Access Drawdown Accounts 

  • Conventional Annuities 

  • With Profit & Unit Linked Annuities 

  • Enhanced Annuities for those with impaired health 

  • Auto-Enrolment Schemes

  • Pension funding for Directors of Limited Companies

  • Salary Sacrifice

  • Carry Forward planning


The value of investments and income from them can go down. You may not get back the original amount invested.

Past performance is not a reliable indicator of future performance.


Pension Transfer Advice

Have you always worked with a large company benefitting from a final salary occupational pension scheme?

These schemes are hugely beneficial as they offer a guaranteed income in retirement and are generally seen as the ‘gold’ standard in pension schemes. 

However, following the introduction in April 2015 of the new pension freedoms, members of occupational pension schemes (only in the private sector) now have choices not previously available open to them.

Pension freedom can provide private sector final salary pension scheme members with far greater flexibility and access than ever before. But, and there is a big BUT, with these new retirement freedoms comes huge responsibility to ensure the assets are used wisely.

Some final salary pension scheme members who may be attracted to owning their own pension fund and using the benefits from the ‘fund’ throughout their lifetime can then pass the pension fund monies to their spouse and then to their children on death. The fund can effectively become a family legacy, benefiting your family from generation to generation as it does not “die with you”.

Any occupational Pension Scheme Transfer is a very complex area requiring specialised advice, and we employ the services of a team of specialist advisors who work with us to ensure that our clients have the best possible advice available.  

The services the team of specialists provide are:

  • The provision of a full and detailed report regarding deferred company pension scheme benefits.

  • The provision of a comparison of the projected benefits at retirement.

  • The provision of a comparison of benefits available on death both pre and post retirement.

  • The provision of a calculation of the annual rate of growth or critical yield required to match the value of the benefits that would have been available in the existing scheme.

  • They will explore and explain the advantages and disadvantages of any potential transfer.

  • They will work with us in assessing your attitude to risk in conjunction with the suitability of the transfer.

  • They will research all of the market, as they are independent, in finding the provider best suited to your needs (if in fact it is appropriate to transfer in the first instance).

They will analyse your pension scheme benefits, interpret the information and explain it to you in plain and simple terms.

Should you want to discuss pension benefits that require a specialist pension transfer adviser, we can arrange a meeting to discuss your requirements.