Case Study Three
3rd January 2012
We were referred to a long standing client's son, who needed to start saving for retirement but was unsure where to begin. He worked as a self employed professional with regular income. We established a personal pension with a mainstream provider matching the terms of a stakeholder contract, making it very cost effective, with the flexibility not to restrict any future plans or circumstances he will undoubtedly encounter in his working life. The premiums were calculated according to a target income figure he wanted at age 65, using different assumptions regarding growth and inflation.
As the investment is being made on a regular basis and the time frame was in excess of 30 years, the client opted to take an adventurous view on the degree of risk he wanted to take and therefore we constructed a portfolio of funds which included a large exposure to emerging markets and the far east.
