Romilly Financial

14/10/2026

Annuity or Drawdown - which could be right for you?

When it comes to accessing your pension, there are two main routes, but they work very differently.

One option is an Annuity: You exchange your pot for a guaranteed income for life. They’re predictable, secure, but don’t offer any flexibility once set up.

Another option is a Drawdown: Your pension stays invested, and you draw an income from it as and when you need it. This is more flexible and your pot can continue to grow, but it also carries investment risk and there's no guarantee your money will last.

Many people choose a mix of both securing essential income with an annuity while keeping some funds flexible in drawdown.

There's no one-size-fits-all answer here. It comes down to your circumstances, other income, health, and appetite for risk.

If you want help deciding which approach suits you, contact our team.

✉️ [email protected]
☎️ 029 2041 5100

12/10/2026

A new week and a new 5 star testimonial for Owen!

This client came to us looking for advice around pensions, investment and peace of mind that their long term financial goals were on track.

Having created a tailored plan based on their personal ambitions, we've been working closely with this client ensuring they're comfortable with their portfolio and answering any questions that come up due to market changes.

If this approach to financial advice sounds like something you can benefit from, get in touch.

08/10/2026

In case you missed it, we recently shared the news about appointing experienced Financial Planner Luke Probert to the business.

Luke's experience, approach and values make him a great fit. His ability to take complex information and make it understandable is particularly important to us because we believe good financial advice should give people clarity and confidence, rather than leave them feeling overwhelmed.

Read the full article here:

Penarth-based financial planning firm Romilly Financial has strengthened its team with the appointment of experienced Financial Planner Luke Probert, DipPFS, supporting the firm's continued commitment to putting clients at the heart of its approach to financial planning. Luke joined Romilly Financia...

05/10/2026

What a brilliant event!

Congratulations to Simon Clarke for hosting such an inclusive afternoon of open and honest conversations with plenty of laughter and fun.

Looking forward to seeing how the Bench2Bench activities unfold and the lasting impact all these initiatives have on changing perceptions and normalising mental health chats.

01/10/2026

Tomorrow is the big launch of Speakeasy Club's Big Bench2Bench Walk Campaign with Joe Ledley!

The challenge will see the team walk 260+ miles across Wales in just seven days, travelling from Holyhead Hotspur AFC on Anglesey to Sully Sports FC and visiting 25 community sports clubs along the way.

We're proud to be supporting the event and Speakeasy Club, who use the power of sport to help tackle male su***de, providing free mental health resources, education and support to community sports clubs across Wales.

It's set to be a fantastic afternoon at Heaney’s Cardiff featuring Great British Menu chef Tommy Heaney, an exclusive conversation with former Wales international Joe Ledley, the launch of the Big Bench2Bench challenge and a charity auction and raffle.

We hope to see some familiar faces there!

30/09/2026

He aims to simplify the process of financial planning

30/09/2026

A snapshot of September at Romilly Financial.

September has busy from every perspective; financial resets, forward planning and plenty of meaningful community engagement.

With summer behind us, many clients have been taking the opportunity to get their finances in order ahead of Q4. Our team has been busy helping them regain clarity and confidence.

allowed us to share practical guidance to help simplify pensions, debunk common myths and make retirement planning feel far more accessible.

We were proud to sponsor new shirts for Penarth Men's Shed, a brilliant local group supporting men’s mental health through companionship and connection.

This month we supported several fantastic local charity and sporting events including:

Penarth Lawn Tennis Club Golf Day in memory of Pete Jones, raising funds for Velindre Cancer Centre Fundraising

Annual Golf Day in Memory of Stewart Humphreys, organised by Penarth Cricket Club, raising money for Kidney Wales .

We also raised a toast to Penarth Cricket Club who celebrated their 175th Anniversary!

There seems to be no slowing down as the end of the year approaches but we wouldn't have it any other way.

28/09/2026

We’re seeing more and more people miss out on pension tax relief they’re entitled to and it’s one of the simplest areas of financial planning to overlook.

Here’s why it happens…

If you pay into a pension personally and your scheme uses ‘relief at source’, your contribution is normally made from your net pay, after tax has already been deducted.

The pension provider then automatically adds basic-rate tax relief to your contribution.

But if you’re a higher or additional rate taxpayer, you may be entitled to further tax relief on top of this

That additional relief doesn’t usually get added to your pension automatically. You generally need to claim it, either through your tax return or by contacting HMRC. This is particularly easy to miss if you’re not aware of it!

We recently helped a client reclaim thousands of pounds in previously unclaimed pension tax relief. They were delighted and, even better... the refund covered the cost of their summer holiday!

It was money they were already entitled to. They just hadn’t realised they needed to claim it.

If you’re a higher or additional rate taxpayer making pension contributions from your net pay, it could be worth checking whether you’re receiving the full tax relief available.

Wondering if you might be missing out? Get in touch with our team and we can help you find out.

24/09/2026

Thanks to Business News Wales for sharing the news about our newest appointment, Luke Probert.

As we continue to grow, it's important that we retain what has always made the business special, taking the time to understand our clients and providing advice that is genuinely tailored to their individual circumstances.

Luke's experience, approach and values make him a great fit. His ability to take complex information and make it understandable is particularly important to us because we believe good financial advice should give people clarity and confidence, rather than leave them feeling overwhelmed.

Read the full article here:

Penarth-based financial planning firm Romilly Financial has strengthened its team with the appointment of experienced Financial Planner Luke Probert, DipPFS, supporting the firm's continued commitment to putting clients at the heart of its approach to financial planning. Luke joined Romilly Financia...

23/09/2026

Not long until Speakeasy Club launch their Big Bench2Bench Walk Campaign with Joe Ledley! Have you got your ticket yet?

The challenge will see the team walk 260+ miles across Wales in just seven days, travelling from Holyhead Hotspur AFC on Anglesey to Sully Sports FC and visiting 25 community sports clubs along the way.

Speakeasy Club is using the power of sport to help tackle male su***de, providing free mental health resources, education and support to community sports clubs across Wales.

It's a cause we’re incredibly proud to support.

The campaign launches on Friday 2 October at Heaney’s Cardiff and you're invited!

Join us for an afternoon featuring Great British Menu chef Tommy Heaney, an exclusive conversation with former Wales international Joe Ledley, the launch of the Big Bench2Bench challenge and a charity auction and raffle.

We believe supporting our local communities means getting behind the causes that can make a genuine difference to people's lives, this is one of them.

Buy your ticket here: https://bit.ly/4haEBSt