Retirement income planning · Extended story
Three pots, one delayed DB statement
Helen and Mark came to us six months before Mark left his NHS role. Two personal pensions and a small SIPP were straightforward; the defined benefit statement arrived three weeks late, which pushed our recommendation meeting back.
We rebuilt the cashflow with the actual transfer value and a remain-in-scheme comparison. Helen asked us to slow the ISA drawdown recommendation until they saw one more winter of heating bills — we amended the letter accordingly rather than pressing for a single “optimal” path.
“They redraw the income plan when my defined benefit statement arrived late — awkward timing, but the revised letter was clearer than the first draft.”