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We are aiming to run our
free "Commutation - Yes or No?" seminar in the majority
of the following locations (numbers indicate current
numbers booked for that location, updated late 2005):
| Ashford (12) |
Birmingham (30) |
Blackpool (7) |
| Brighton (15) |
Bristol (6) |
Cambridge (3) |
| Cardiff (7) |
Cheltenham (5) |
Edinburgh (10) |
| Glasgow (11) |
Ipswich (6) |
Leeds (5) |
| Leicester (2) |
Liverpool (5) |
London (101) |
| Manchester (24) |
Middlesbrough (3) |
Newcastle (8) |
| Northampton (4) |
Nottingham (6) |
Oxford (2) |
| Portsmouth (1) |
Reading (9) |
Sheffield (36) |
| Stoke-on-Trent (4) |
York (2) |
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In addition, we may run the seminar in the following
locations if interest is shown: Aberdeen, Basingstoke,
Bournemouth, Carlisle, Colwyn Bay, Coventry, Dundee,
Exeter, Gatwick, Guildford, Hull, Inverness, Norwich,
Peterborough, Plymouth, Salisbury, Scarborough, Southampton,
Swansea, Swindon, Winchester, Yeovil.
You can express interest NOW
in attending one of these seminars by registering
here >>>. The more response we have for each location,
the earlier we will hold the seminar in
that location.
Suitable for: Those planning to retire within twelve
months, plus those recently retired, and those with
investment decisions to make.
PLEASE NOTE THAT PARTNERS ARE ALSO
WELCOME TO ATTEND.
| Testimonials from a recent "Commutation
- Yes or No?" seminar in South Yorks... |
| "Very informative. A must to listen
to prior to retirement." PC P Thompson |
| "It is a must before retirement, made very
enjoyable and interesting. Well done!!!"
PC M Griffith |
| "Review your situation as early as possible.
Wish I had this info 10 years ago!"
Insp J Turner |
| "Excellent. A 'must attend' seminar"
Insp A Clarkson |
| "Good all round advice given"
Supt P Verity |
| "Informative, reassuring, thought provoking"
DC P Pont |
| "Raises awareness of financial planning
advice re taking/not taking commutation" Insp
D Foster |
| The above feedback was taken after the free
commutation seminar in Sheffield in April 2004.
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| All officers gave their permission to be quoted. |
| 100% of the attendees rated the seminar
as either: Worthwhile - 31% or Very Worthwhile -
69% |
Tickets: Limited, will be issued on
a "first come, first served" basis. Tickets are available
by completing our "Commutation - Yes or No?" form to
register your interest. You will need to state the date
and location you'd like to attend; number of tickets
you require; your contact address (so the tickets can
be sent to you) and phone number (in case there is a
last minute need to contact you), and what your retirement
date is.
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Whether to take your commutation or not: "The Dilemma"
Most approaching retirement have an idea of how much
their tax-free pension commutation will be and what
they could possibly spend/invest it on. However, if
financially you may not need the commutation, then the
big question is: 'Do I take the commutation and have
a reduced pension?' or 'Do I forgo the opportunity of
taking the lump sum in favour of the higher pension?'
This dilemma has been around for many years and is
likely to be around for a few more yet! We've been asked
about it several times at our free evening seminars
on "Preparing for your retirement", and have organised
these lunchtime seminars in response.
A Solution?
Well there isn't one single solution, I'm afraid, as
everyone's situation is different! However, as Matthew
Hatch of HATCH Associates has been mentioning at recent
Off Duty seminars, you could start by breaking down
the considerations you should be making into three areas:
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1. A financial consideration. Will you need some or
all of your commutation to clear part or all of a mortgage
that will still be outstanding, and/or other loans that
may be still in place? Will you need some of the commutation
to help fund school or university fees? Has some of
the commutation already been 'earmarked' for an ex-spouse
as part of a divorce agreement? Are you single with
dependants or are you married? Do you have good savings/investments
already?
2. Your state of health? Are you in good health and
consider that as far as you would hope, you'll live
to a good old age and do well out of receiving the higher
pension?
3. Are your parents still alive? Is there any family
history of premature death or does the evidence and
likelihood point to living to a long life?
You should be able to answer points 2 & 3 yourself!
However, for most, 'financial considerations', or 'money'
is by far the biggest worry or concern for most.
The Seminar
The seminars are specifically designed to help you
answer the points under the financial considerations.
You'll gain more knowledge and understanding of the
points you need to consider and look out for when making
decisions about your money. The topics that will be
covered include:
- Taking your tax-free commutation or not?
- Investing in an uncertain world
- Tax efficient investments & planning
- Long-term care Inheritance Tax
The Speakers
Matthew Hatch MLIA (Dip) Matthew served in the
Metropolitan Police from 1980 to 1988. He left for a
career in financial services at age 25. Three years
later, he founded HATCH Associates where he is the Managing
Director. His firm has been helping Police Officers
and their families on financial matters for over 11
years now, where their friendly and professional service
has always been extremely well received. Today, HATCH
Associates has almost 3,000 Police clients, making them
extremely well qualified and trusted in helping Police
Officers with their money.
Tim Parker ASFA ACII Tim started working for
Equity & Law in 1983 in occupational pensions administration
and since their merger with Sun Life in 1997 (then becoming
what's known as AXA today) is now Senior Technical Manager.
He works for technical training and consultancy for
AXA and his vision is to provide technical expertise
and support second to none in the market place. Tim
is also related to the Police family - he has a sister
in the Police!
To Register...
You can express interest NOW in attending
one of these seminars by registering
here >>>.
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