Retirements and Pensions

Following major changes announced at A day on the 6th April 2006 the pensions landscape has changed significantly. The pension choices have as a result of these changes expanded considerably.

The possibility of building up much larger amounts in pension funds now exist since much more generous provision is tax deductable. This is likely to incentivise both employers and employees as well as the self employed. The possibility of managing your own fund is also likely to be a lot more common as more and more people realise the possibility of controlling their own future pension.

A great number of possibilities of what you do with your fund after your normal retirement date have also been added with the changes in the new pensions legislation.

Aspin can provide guidance on most money purchase schemes where you can take advantage of the many changes in these new regulations.

Please contact us for further advice concerning your pension requirements.

Retirements and Pensions