Posted: 9th February 2015

WIRE member and Financial Advisor Janet Gee says that the new pension arrangements, which come into force in April 2015, represent one of the biggest changes to financial planning in our recent history.  How will these changes affect you – your pension – and your retirement plans?  Don’t know? Confused?

Then read on

The good news is that if you have money invested in a defined contribution (money purchase) pension scheme, then you will be able to withdraw it and manage your pension yourself from age 55.  You can spend it however you choose –  even investing some of it into your own business  if you so wish.  This could be a marvellous opportunity.

But what about the risks?  What happens if you out-live your pension pot and run out of money?  What if you would like to use some of this money to help your children and grand-children – how do you do this?  What is the potential impact on your pension if you keep working in your business?   And it is important to recognise that, whatever decisions you make regarding your pension, there will be tax implications ………

The answer is that retirement planning in the new era of pensions freedom will need to be as individual as you are.  You have worked hard to accumulate your pension pot, and in return it should support your personal objectives in later life.  To ensure that your retirement planning is right for you please give Janet a call for a no obligation, confidential discussion.  Janet can be contacted on 0121 733 6610 / 07950 392856 or by e-mail at


“Starting my new sewing and retail business was an exciting prospect, but daunting financially and so I was pleased to hear Janet talk at a WIRE meeting about sound financial planning to support my business and my family.    I was able to follow this up by talking with Janet, confidentially, about my circumstances  and was reassured to have her assistance in protecting my family’s interests in this new venture.  I would certainly recommend other WIRE members talk with Janet about their financial planning needs”.   Karen Delahunty Sewing School – Kenilworth

“I heard Janet speak at the Stone (Staffs) WIRE group and her clear explanations helped me understand many different areas of finance. She has since helped my husband and I review our life insurance and pension provision, coming to our home and fitting appointments around our two young children. We’re most grateful and I feel relieved to be more sorted.”  Zoe Gregory –

Representing only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website