Pensions
Pension Planning
Pensions
Whether you are an individual or company, it is important to look at alternative forms of savings that can provide you with tax efficient income.
The past 20 years have brought us several different pensions regimes, each time making alterations to the contribution limits, benefit restrictions, tax relief, allowable investments, the list goes on. This has left the UK pensions market looking like a financial jumble sale.
The most recent pension reform, A-Day April 2006, brought many opportunities for pension planning. It widened the investment opportunities of many schemes, it removed limits previously restricting contributions and it allowed schemes to take tax free cash where previously it was not permitted.
For more information on the options available to you please call us today.