Executive Pensions and their benefits If you have established a successful company which is profitable, then the company should serve you, and in order to do this, you need to be able to extract wealth from the company in the most tax-effective manner possible. As a...
Defined Benefit Pension Schemes are a type of occupational pension scheme. Under a Defined Benefit Scheme, there is typically a commitment to pay you a retirement income which is calculated based on years of service and salary. You would normally have the option to...
Defined Contribution Pension Schemes are a type of Occupational Pension Scheme. Under a defined contribution scheme, you and your employer together contribute to build up a Retirement Account for you. This Retirement Account should grow over the course of your working...
In this week’s blog, we outline Retirement Annuity Contracts – or as they are more commonly known, Personal Pensions. As we edge closer to the tax filing deadline, contributions to this scheme are used by many to reduce their tax liabilities. Similar to last...
And so Pension Season sets in for another year! The annual season where those who are self-employed have to think about paying their tax and seek ways to reduce it by paying into a pension, and the employed worry if they have enough in their pensions! Over the coming...
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