I was frustrated. I had been running a successful business for many years and I knew that I should have been saving for my retirement, but I just couldn’t afford it. I needed a strategic plan so my retirement dreams could become a reality, ensuring my family would be looked after.
Over the years I had accumulated numerous pensions (five with different providers) and each year I funded my ISA to the maximum available threshold. Our affairs were all over the place. At the last count my wife and I had 13 different contracts and 10 savings accounts.
I did not know how anything was performing and I found it difficult to keep track of the income payments, fund manager charges and the reams of paperwork. I also had no idea how much these structures would produce as an income when I decided to retire.
