Monthly Archives: March 2013
“So what do I do with my money?”
Immediate access to your pension funds, allowing you to take out what you want, when you want it
As your wealth grows, it is inevitable that your estate becomes more complex. With over 400,000 people now expected to reach age 75 each year , more and more people could be faced with a 55 per cent tax charge on any money left in their pension fund when they die.
When you’re not ready to convert your pension fund into retirement income
If you decide that you’re not ready to convert your pension fund into retirement income by buying a lifetime annuity, but you do need funds, you have a few options. These are often known as income drawdown options.
Women could increase their pension income
by over 20 per cent
The new 20 per cent uplift in capped income withdrawals, applicable from the 26 March this year, means that people could start to see the benefit of this uplift from the start of their new income year following this date.
F P Consulting Ltd is authorised and regulated by the Financial Conduct Authority (FCA)No.195084. The FCA does not regulate some forms of Mortgage, Inheritance Tax Planning, Credit Cards, Personal Loans, Deposit Accounts & Insurance. U K Only. The availability and promotion of some of the products within this website may be restricted by law in certain jurisdictions. This website does not constitute an offer or solicitation to anyone in any such jurisdiction, or to any person to whom it is unlawful in any other way to make such an offer or solicitation.
© 2016 Powered by F P Consulting Ltd. All rights reserved. Website Design by Goldmine Media