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Retirement
Most people recognise that it is wise to plan for their
retirement. This is especially true for those who are hoping to
retire before the usual State Retirement ages. Thanks to
changes announced, we will soon all be
waiting longer
for our state pensions.
Putting aside a regular amount of money during your working
life is probably the best method to ensure that you will have
sufficient income during your retirement. Investing into a Pension
plan has historically been the most popular method of making these
regular commitments. The tax advantages offered by the UK
Government provide the opportunity for your Pension Fund to grow
with virtually no tax. You are also currently allowed to draw a
significant amount of your pension fund as a lump sum with no tax
payable.
This section is designed to assist you in your choice of
Pension Plan. Our helpful guides explain the differences between
the various types of pension arrangement, whether you are
employed, self employed or taking time away from day to day
working perhaps as a carer or to raise your children.
It is becoming increasingly popular for people to use other
methods of saving money for their retirement, such as ISA’s. If
you would prefer to use arrangements other than Pensions please
refer to the sections of this website dedicated to Savings or
Investments.
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