Pinpoint RetireWise is a bespoke Post-Retirement Planning Service, designed to implement a sustainable income withdrawal strategy from your Pension Plans, while also incorporating other sources of income you may have.
Some of the Post-Retirement products available to support your Retirement
An Annuity provides a guaranteed regular income for the rest of your life, no matter how long you live. You can buy an Annuity with the balance of the money from your pension fund at retirement. The Annuity payments are taxable as income.
Approved Retirement Fund
An Approved Retirement Fund (ARF) is a personal tax efficient investment fund into which you can transfer all, or part of the balance of your pension fund, after you receive your retirement lump sum. You are required to make income withdrawals from your ARF during your retirement lifetime which are taxable as income.
An Investment Bond is a personal investment into which some, or all of your tax free lump sum at retirement, can be transferred. You can make withdrawals from the investment bond to supplement your ARF withdrawals or your Annuity income.