Approaching Retirement

It’s no surprise that pension engagement and contribution levels increase once people reach their mid-forties. Children are growing up and the prospect of retirement begins to nudge. And if pension plans are not well funded already, action is needed quickly.


As the clock ticks down decisions need to be made. Investment risk needs to be reviewed and, most likely, reduced. Contribution levels should be assessed and benefits accrued in other schemes may benefit from consolidation. State Pension forecasts should be requested so that a comprehensive retirement income picture is built, including partners.


Aspira provides programmes of workplace Approaching Retirement seminars for employees covering topics such as:



  • Budgeting - how to budget in retirement; understanding State benefits - entitlements in retirement, from basic state pension to S2P, other benefits and minimum income guarantees

  • Private pension pots - options on drawing income from personal pension plans