Planning for your retirement can take into account the type of lifestyle you want in later life. A private pension could help you to access your income in retirement in as a tax-effective way to build or enhance their retirement income. Currently there are no pension scheme restrictions, an annual and lifetime allowance is applicable. There are other ways to save for retirement. Seeking professional financial advice could help you to plan for your retirement.
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Please be aware these articles are for general information purposes only and correct at time of printing. We will
not accept responsibility for any errors made or actions taken by any readers that have acted on the information
contained. Answers given are for guidance only and specific advice should be taken before acting on any of the
suggestions made. All information is based on our understanding of current tax practices, which are subject to
change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.
