Leek United launches retirement planning campaign

Michael Lloyd

September 24, 2019

Leek United has launched a two-week campaign to help those in Cheshire, Derbyshire, Shropshire and Staffordshire plan for retirement.

The society has organised a series of Pension Open Days during October to highlight the importance of making proper financial provision for later life.

There will be drop-in sessions with an independent financial adviser from Wren Sterling on selected dates between 7 and 17 October at all local Leek United branches throughout the four counties.

John Kelly, Leek United’s operations director, said: “There has never been a more important time than now for people to ensure that their planning for retirement is on the right track.

“The harsh reality is that for many people approaching retirement, the state pension will simply not be enough to maintain the lifestyle they’ve been used to while they’ve been working.

“When we also factor in longer life expectancy and recent proposals that the state pension age should rise to 70 by 2028 and 75 by 2035, it’s obvious that every one of us needs to plan for our financial future sooner rather than later.”

Leek United’s Pension Open Days coincide with the Chartered Institute for Securities & Investment’s (CISI) Financial Planning Week which is a national initiative to help improve financial fitness of the UK public.

The Financial Planning Week will be held from 7 to 11 October.

The society’s pension planning campaign follows Pension Awareness Day, a national initiative held on 15 September aimed at alerting the nation that it is not saving enough for retirement.

Kelly added: “The Open Days are for people of all ages – from younger people for whom retirement seems a long way off, to those in their mid-50s who may have begun to think seriously about the day they can give up work – who may not yet have made any provision towards a pension of their own.

“Our central message to everyone is that it’s never too late – or too early – to improve or start your pension planning and prepare for the retirement lifestyle you hope for and deserve.”

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