Questions?

Yes. We’re committed to flexibility, and our cultural norm is at least two days per week in our London office. Beyond that, we trust our people to deliver and encourage hybrid, remote, and flexible working to fit your lifestyle and responsibilities.

At Finura, you’ll join a forward-thinking, collaborative team united by our core values and growth mindset. We thrive on innovation, open communication, and supporting one another, and we are truly passionate about making a meaningful, positive impact on people’s lives. We celebrate success together and take pride in delivering excellence - for each other and for our clients - every day.

• We Own Our Impact
• We Shape The Experience
• We Deliver Awesome With Empathy
• We Live The Growth Mindset
• We Rise Through Effort

Workplace pensions are set up by your employer and usually come with employer contributions and easy payroll deductions - making saving automatic and sometimes cheaper due to group arrangements. The main drawback is that your choice of funds might be limited. Private pensions, such as personal pensions and SIPPs, are set up by you. They offer more flexibility and investment options but do not benefit from employer contributions. There may also be higher charges or administration involved. Often, a mix of both gives the best of both worlds. We can help you review your options and build a retirement savings plan that’s tailored to you.

A “pension” is a general term for retirement savings—with workplace and personal pensions being most common. A SIPP (Self-Invested Personal Pension) is a personal pension that gives you more control and a wider choice of investments, including shares and property. A SSAS (Small Self-Administered Scheme) is usually set up for a small business or family, offering lots of flexibility and some business-specific options, but with more complexity and administrative requirements. We can help you determine which is best for your goals and situation.

Yes, we can. The standard annual pension allowance is £60,000 per year, though it may be lower for high earners or if you’ve started pension withdrawals. If you haven’t used your full allowance in previous years, “carry forward” rules may let you put in more, subject to earnings limits. While the lifetime allowance charge was removed in April 2023, checks on certain withdrawals or lump sums still apply. We’ll review the rules with you, calculate your allowances, and guide you in making the most tax-efficient contributions.

Pensions can fall within inheritance tax rules in certain situations, so proactive planning is essential. You may want to review your beneficiary nominations, consider the use of trusts, and structure your withdrawals through flexible drawdown. It’s also important to plan for your whole estate. By acting early, you can protect more of your wealth for your loved ones.

It depends on your unique situation. Many people have several pensions from different jobs, which can make management tricky. We’ll review your plans, charges, and options to determine if consolidation will simplify things, cut costs, and help you better achieve your retirement goals. In some cases, we may recommend simply fine-tuning your existing plans for greater efficiency.

Yes - retirement usually requires a shift in investment approach. For example, a ‘bucketing’ strategy can help by allocating different portions of your portfolio to match short-term, medium-term, and long-term needs, each with an appropriate risk level. This way, your immediate income is secure, while other assets can continue to grow for future needs.

Maximising your pension is a fantastic start. Beyond pensions, there are other tax-efficient investment wrappers to explore, such as ISAs, General Investment Accounts (GIAs), and investment bonds. Broadening your investments helps create a diversified, tax-effective portfolio tailored to your retirement ambitions.