Renfrewshire Council

Dates

• Thursday 27 March 2025, 14.00-16.30, Microsoft Teams
• Tuesday 1 April 2025, 09.30-12.00, Microsoft Teams
• Tuesday 13 May 2025, 14.00-16.30, Microsoft Teams
• Monday 16 June 2025, 09.30-12.00, Microsoft Teams
• Wednesday 27 August 2025, 14.30-17.00, Microsoft Teams
• Friday 19 September 2025, 09.30-12.00, Microsoft Teams
• Thursday 23 October 2025, 14.00-16.30, Microsoft Teams
• Wednesday 12 November 2025, 09.30-12.00, Microsoft Teams
• Wednesday 10 December 2025, 14.00-16.30, Microsoft Teams.

Course Outline

To encourage a positive and realistic approach to a financially secure retirement and help delegates make informed choices about their retirement. This course is perfect for you if you are within 3 years of retirement and require more information about how to maximise retirement savings.

Course Objectives

During the course you'll will:

• Explore changes in lifestyles
• Identify where income is expected to come from and how it is taxed differently in retirement
• Understand the State Pension and different types of workplace pensions
• Learn about the risks and reward involved in savings and investments
• Discover why increased life expectancy escalates the dangers of inflation and how to combat it
• Find out how to ensure your estate is passed to your intended beneficiaries
• Understand Inheritance Tax
• Understand the next steps and where to receive further guidance and regulated financial advice

Course structure

Changes to lifestyles

• What does retirement mean?
• Changes in the use of personal time

Income needs in retirement

• Considerations for retirement
• Life expectancy
• Taxation in retirement
• Income and expenditure in retirement

The State Pension

• Explaining the State Pension
• State Pension eligibility
• State Pension forecast

Inflation in retirement

• How inflation can erode the value of money over time

Employer specific workplace pension

• Overview of the scheme(s)
• Retirement income options
• Options for increasing benefits
• Adult survivor's pension

Savings and investments

• Financial goals
• Understanding investment risk
• Risk and return in the real world

Taxation

• Income tax in retirement
• Tax allowances

Estate Planning

• Inheritance Tax
• Wills and intestacy
• Power of Attorney

Suitable for

All employees considering retirement in the next few years.

Format

A trainer-led online workshop, through Microsoft Teams.

Workshop Duration

Two and a half hours.

How to book

To book the course please use this Course Nomination Form.

For more information, please: 

• Email: orgdev.cs@renfrewshire.gov.uk

Notes

Arrangements will be made on request for delegates with additional requirements.