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Putting flexible retirement plans in place now can help you ensure the financial security of your personal and business requirements in the future.

Business owners and directors are often surprised by the strategies they can apply to their business and private pension. Profit extraction via the ability to lawfully defer income and tax through pension contributions can help give you the retirement you have worked hard for.

Retirement is no longer a fixed time in your life. You can take early retirement or carry on working until state pension age, the choice is yours.

If you decide to retire early, you can currently claim your workplace or private pensions from the age of 55, but your state pension will not be available until you reach state pension age.

As a business owner or director, you may also want to consider a number of investment options in relation to your pension. For example, pension fund property purchase gives you the opportunity to buy and invest in commercial property directly as one of your pension investment options.