Pensions for the Self-Employed

Pensions for the Self-Employed

If you are a self-employed individual, it is important to know that there is a difference when it comes to pension planning as a sole trader vs if you are trading as part of a limited company. Typically, a Personal Pension is the better option for a sole trader. If...
Defined Benefit Pension Scheme Options

Defined Benefit Pension Scheme Options

Pension arrangements generally allow members to transfer their pension benefits from one arrangement to another. The transfer rules depend on the arrangement you are transferring from and the arrangement you are transferring to.     Types of Pension Benefits that...
Defined Contribution Pension Schemes

Defined Contribution Pension Schemes

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...
Executive Pensions

Executive Pensions

If you have established a successful company that 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 company director, you have substantial...
Personal Pensions

Personal Pensions

In this week’s blog post, 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. Personal...
It’s Never too Soon to Start Your Pension

It’s Never too Soon to Start Your Pension

Pensions are often overlooked and put off until later in life. Many people in their 20s and 30s put their pension on the long finger, as it may not be a priority. However, starting early is the best thing you can do for your pension and it doesn’t cost as much...

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