Pensions & Retirement Planning
Pensions & Retirement Planning
Pensions can seem complicated, with different plans working in different ways and leaving you unsure if they meet your needs.
At my Omny, we cut through the complexity to help you understand your arrangements, optimise your set-up, and plan with clarity for the retirement you want.
We create tailored plans that grow with you, giving you confidence that your goals are achievable and the future you want is within reach.
Pensions – Did you know?
Did you know?
Too many people are underprepared for retirement:
- £55bn is sitting in 2.8m lost pensions, with many savers in danger of losing track of their pensions.
- 93% of savers remain in default funds, and 4.5m younger workers are “triple defaulters” who never change contributions, fund, or retirement age.
- 7 in 10 people withdraw from pensions without advice, risking poor long-term outcomes.
- 1m people face retirement poverty, and only 19% feel prepared for later life.
- Women aged 65+ have average pension wealth of £69k, compared with £205k for men — a 35% gap.
Sources: PPI (2022, 2024); FCA (2024); Aviva (2023); FT (2025); Scottish Widows (2024)
We take a holistic approach to Pensions & Retirement Planning
Reviewing your current pension arrangements
Pension consolidation to simplify and optimise your setup
Investments aligned to your goals and attitude to risk
Exploring options to strengthen your financial position
Bespoke financial modelling to plan with confidence
Frequently Asked Questions (FAQ)
What other support services are included with Group Life Assurance?
Many Group Life policies offer additional benefits, such as:
- Bereavement counselling
- Mental health resources
- Legal advice
- Employee Assistance Programmes (EAPs)
These services not only provide immediate support in times of crisis but also contribute to your team’s ongoing wellbeing.
How does Group Income Protection differ from individual income protection?
What are the benefits of offering Critical Illness Cover as an employee benefit?
- Financial Security: Immediate financial support during a critical health crisis.
- Peace of Mind: Reduced stress and anxiety about financial burdens.
- Employee Wellbeing: Demonstrates genuine care for your team’s health and financial security.
- Talent Attraction & Retention: Strengthens your employee benefits package to attract and retain skilled professionals.
How do I determine the right level of cover for my key person(s)?
At Omny Benefits, we conduct a thorough assessment of your business to determine the financial impact of losing a key individual. This includes:
- Evaluating their contribution to revenue and profitability
- Assessing their role in client relationships
- Calculating the cost of recruitment and training for their replacement
We’ll work with you to tailor the right level of cover, ensuring your business remains resilient and protected.
What are the benefits of Shareholder Protection for my business?
- Control: Prevent shares from being transferred to unintended parties.
- Stability: Protect against operational and financial disruption.
- Succession Planning: Ensure a clear, legally defined ownership transfer process.
- Peace of Mind: Provide reassurance for shareholders and their families.