Pensions - the heart of a tax efficient savings strategy
Pensions can be an excellent, tax efficient way to build your savings and our Wealth Build & Protect Review will include a detailed review of your current pension provision.
At the moment, the Life Time Allowance (LTA) is £1million. This means you can hold up to £1million in your individual pension funds on which you will earn maximum tax relief. That isn't only the tax relief on contributions made by you and your employer but also tax relief on income, capital gains and investment yields received into the fund from your pension investments.
We are often asked, "What kinds of pension can be reviewed?" and the answer is all of them. You may have a range of both personal and occupational pension schemes and we will look at the picture as a whole to help you understand how all of your pension plans are working together to represent your overall retirement income.