and pension tips in a nutshell for a wealthier retirement...
- Track down any old pensions
- The pension tracing service 0845 600 2537
- Get a state pension forecast
- The pension service 0845 300 0168
State pension forecast eservice -
Do it online by clicking
- Maximise your tax breaks
For couples, move investments into
the name of the person paying least tax.
Make full use of your annual ISA allowance.
- Shop around near retirement for
the best pension income - annuity - Free quote
service 0117 980 9940
- Ask about enhanced annuity.
- Investigate 'immediate vesting
personal pensions (IVPP) - Instead of saving
for a number of years, your payment is immediately
converted into a taxable retirement for you. For
fact sheet tel. 0117 980 9926
- Consider income drawdown
- Don't want to lock into a lifetime annuity just
yet, income drawdown can offer a flexible alternative
in allowing you to take your tax free lump sum and
choosing whether you also draw an income. More info
tel. 0117 980 9926
- Minimise your heirs' tax bill
- reduce inheritance tax - More info tel.0117 317
- Look into consolidating your
investments - More info tel. 0117 900 9000
- Make a will - More info:
Download factsheet - Click
Find a solicitor in your area - Click
Lost or missing pension fund?
There are currently billions of pounds worth of missing, lost and unclaimed pension investments in the UK. If you have a lost or missing pension, or you are unsure what hidden investments you may have then click here for professional help from an Independent financial advisor.
- How it effects Pensioners. State Pension, Pension
credit, Winter Fuel Payments, New year payment.