Pensions planning today can cover a lifetime. Funding
can begin at any age (as contributions can be paid on behalf of others,
including children) and benefits no longer need to be exchanged for annuities
at a prescriptive age, so choices can be retained throughout retirement.
It is never too late to improve your pension funding, however, it makes sense to start as soon as possible, as contributions paid in early provide the best prospects for growth. This means that you may be able to pay in less or retire earlier than someone who starts later.
Seymour Robinson are not authorised to provide advice for pensions
and investments however, queries in relation to these areas can be
referred to a financial adviser within another firm.