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Webinar: How to best plan your farming retirement and pension

Farmers Weekly 23 August 2021
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Farming is so much more than a job, it’s a way of life. Farm families have always faced challenges related to retirement and pension planning and implementation.

With BPS being phased out and new schemes being put in place in the next few years, it’s an important time for farmers to think about and plan their retirement.

Farmers planning to use income from the farm to at least partly support themselves financially once they stop working full time should start to look into the best way to secure their pensions.

If you are planning a succession process or would like to retire from the industry outright, it has never been more important to make plans and look at viable alternatives as soon as possible.

In this webinar our panel of experts will go through all the options you need to consider no matter what your life plan looks like.

See also: How a Family Charter can help farm succession plans

Hosted by Farmers Weekly editor,  Andrew Meredith, our panel of experts are:

  • David Penney, CEO, Penney Financial Partners
  • Steven Woodford, financial consultant, Penney Financial
  • George Dunn, chief executive, Tenant Farmers Association
  • Amandeep Kaur Purewal, senior policy analyst, AHDB

Sponsored by Penney Financial Parters

Planning for a life after farming

Penney Financial logo

Penney Financial Partners has a proud record of working with farming families over more than two decades, developing financial strategies that provide for the current generation while protecting assets for those generations to come. In a rapidly evolving sector and with the potential impact of any future changes to the tax environment, the need for farmers to begin planning for their own retirements as early as possible has never been greater.   

Futures contracts: farmer views wanted

Do you use futures and options markets to help you manage risk? Or are you interested to learn more? Farmers Weekly is keen to find out the extent to which UK farmers use these markets. Complete our survey here.

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Futures markets and commodity risk management online course:

  • Risk management strategies for a more predictable financial performance
  • Educated conversations when collaborating with your advisors
  • Negotiate better prices with your grain merchants

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Are you, like many other farms, missing out on tax claims for R&D?

If you’re a limited company, you could be eligible for tax credits if you’re carrying out R&D on your farm. For more information and to find out if you’re eligible visit our R&D tax credits page.

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