P J McIlroy & Son

We believe that saving for your retirement is an ongoing financial process which should be tailored to your circumstances. Old restrictive pension rules have been torn up and the key decisions are now back in your hands. Don't just buy a product! We have always felt that for so many, the restrictions on access to pension funds (25% tax free cash and the necessity to purchase some form of annuity), had deterred investors from using Personal Pensions as a means to plan for retirement. Since April 2015 the floodgates have opened, gone will be the need to buy an annuity and gone will be any income limits on pension drawdown. You will have flexibility to take as much or as little from your pension fund as and when you want it.