Pensions & Retirement Planning
At Omny Personal Finance, we cut through the complexity and give you clear, personalised pension advice & retirement planning services that fit your life, not the other way round. We help you understand your existing arrangements, optimise your set-up and build a realistic plan so you can look ahead with confidence.
Pensions come in many shapes. Knowing whether yours fits your situation is where most people get stuck. Whether retirement is decades away or just around the corner, we will help you align your pension plans, savings and other assets so you can make informed decisions and feel in control of your financial future.
Why Choose Omny for Pensions & Retirement Planning
A Personal, Goal‑Led Approach
We will explore what you want retirement to look like, when you would like it to happen and what you need your money to do, before we talk about products or providers.
Clear Insight into What You Already Have
Many clients come to us with multiple pension pots from different employers and no clear picture of how they fit together. We map out your existing arrangements, explain how each pension plan works and show you how they contribute to your eventual retirement income.
Joined‑Up Financial Planning
Your pensions, savings, investments, and protection plans should support each other. As part of Omny Group, we can align your retirement and pension planning services with your wider personal finance strategy, including savings & investments and personal protection.
Practical, Plain‑English Advice
We cut through jargon to explain your options clearly, including how much to contribute, when to take benefits and how different choices affect tax and long‑term security. Our aim is to give you clarity so you can make informed decisions with confidence.
Ongoing Support as Life Changes
We provide ongoing pensions and retirement planning services to review your progress, respond to changes in legislation and markets and adjust your plan as your life and priorities evolve.
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)
How We Help You Plan for Retirement
Understanding Your Current Position
We begin by building a detailed picture of where you are today. That means listing all your existing pensions, including workplace schemes, personal plans and any guaranteed benefits, and reviewing contribution levels, charges, investment choices and selected retirement ages so we can see how everything fits together. We also consider other assets such as ISAs, savings, investments and your expected State Pension, giving us a solid foundation for planning and giving you clarity on your true starting point.
Clarifying Your Retirement Goals
Next, we focus on what you want your retirement to look like in practical terms. We will talk about when you would ideally like to reduce work or retire fully, the lifestyle you want to maintain day to day, and any bigger plans such as travel, helping children or supporting other family members. We also explore specific concerns, from caring responsibilities and health considerations to leaving a legacy, then translate all of this into realistic income targets so we can shape your pension and retirement planning around your goals.
Making Sense of Your Pension Plans
Once your goals are clear, we look at how your existing pension plans can help you achieve them. We explain how each pension works, highlighting the strengths, gaps and any high charges or underperforming elements that may need attention. We then review whether your current contributions and chosen retirement age are likely to deliver the income you need and, if you have multiple pensions, discuss whether consolidation could simplify things and improve value while carefully protecting any valuable guarantees.
Aligning Investments with Your Timeframe and Risk
How your pensions are invested can significantly influence your long-term outcomes, so we spend time aligning your investment approach with your timeframe and attitude to risk. If retirement is still a long way off, a growth-focused strategy can work harder for you over time, and we will make sure your investments reflect that opportunity. We will explore your comfort with market ups and downs, review how your current pension investments match your plans, and recommend an investment strategy that balances growth potential with an appropriate level of risk as you move towards and through retirement. We will also explain how and why investment strategies may change over time, particularly as you transition from building your pension pot to drawing an income from it.
Strengthening Your Overall Financial Position
Retirement and pension planning services do not stop at pensions alone. We will talk through wider options to strengthen your overall position, such as increasing regular contributions via salary sacrifice, making one-off payments, and making better use of tax allowances through pensions and ISAs. We will also help you balance priorities like mortgage repayment, saving for other goals and investing for later life, so the decisions you make today reflect both your current reality and the future you want to create.
Planning How to Take Income in Retirement
For those approaching or already in retirement, how you draw on pensions and other assets is just as important as how you build them. We will explain your options in clear terms, including drawdown, annuities and lump sum withdrawals, and consider how to structure withdrawals in a way that manages tax, preserves capital where appropriate and supports long-term sustainability. Using cashflow projections, we show how different choices may affect your income over time, giving you a practical plan for turning pension plans and retirement plans into a reliable income stream rather than just a collection of separate pots.
Frequently Asked Questions (FAQ)
What does the initial meeting cost?
There’s no charge for your initial meeting or presentation. We’ll use this time to understand your goals, share our recommendations, and outline how we can support you going forward.
What’s the benefit of financial advice?
Good advice gives you clarity and confidence. It helps you make informed decisions, structure your finances effectively, and stay on track as your circumstances change. We’ll also help you make the most of your allowances and understand your tax position, so your money works harder for you.
Who should get financial advice?
Anyone who wants to make the most of their money — whether you’re early in your career, changing jobs, growing your wealth, or planning for retirement.
What does ongoing advice cost?
Our fees are very competitive. Our ongoing advice service is 0.5% on advised products, subject to a minimum fee of £240 per year.
Am I locked into the ongoing advice service?
No. If you ever feel you’re not getting value for money, you’re free to leave at any time with one month’s notice.
What happens if I change employer?
You can continue with our service. We’ll review your new situation and provide updated advice tailored to your new role and benefits.
Can my partner also receive advice?
Yes. We offer the same service for partners, and working with both of you allows us to provide more comprehensive advice that reflects your full financial picture.
What is the benefit of getting pension and retirement planning advice?
Good advice gives you clarity and confidence. It helps you understand what you have, what you are aiming for and what needs to change to get there. We also help you make the most of tax allowances, avoid common pitfalls and make decisions that support sustainable income throughout retirement.
Who should consider pensions & retirement planning services?
Anyone who wants to make the most of their pension plans or is unsure whether they are on track for the retirement they want can benefit from advice. This includes people early in their careers, those changing jobs, individuals with multiple pensions and those approaching or already in retirement.