Weds 14th May 2025

The pensions landscape is fast evolving away from state and final salary schemes as life expectancy continues to grow, and the cost of funding the retired community rises more and more. With more and more needing to rely on private pensions and other savings, getting professional advice on managing such funds is crucial for retirement, explained Richard Hill from Bishopsgate Wealth & Investment Management to the group this morning.
Richard started his career in finance working in the city of London (in Bishopsgate, of course), but after a number of years decided that chasing sales target for insurance was not for him, and he would rather offer his advice to other investors. Thus Bishopsgate Wealth Management was born, offering such advice with a view to improving financial outcomes for clients, whilst offering protection through Professional Indemnity, FSCS and the Financial Ombundsman.
Richard works with a large range of client portfolios, from a few thousand pounds up to millions of pounds. In all cases he structures his fees so that they do not erode the benefits his advice accrues. More and more, as the pensions market evolves towards private provision, he helps his clients to maximise their investment performance, as well as minimising their tax exposure when the time comes to wind down towards retirement. Especially since more and more are finding that opting for pension draw-down rather than annuities offers more flexibility and the opportunity to provide an inheritance to family members.
Richard can be contacted via email at richard.hill@bishopsgateweath.net or via phone at 07770 228544