Our guide to pensions and how the new rules affect you

Wednesday, November 16, 2011 | Posted by: Fiona Cullinan
Categories: Personal, Protecting your wealth | Tags: tax, pensions, retirement, tax relief, Mike Hyland, pension, James Temperley, pension series, pensions changes, pension planning

Our recent blog series answered your most frequently asked questions about pensions, as well as how to make the best use of new rules on pension contributions. Here’s a round-up of our four-part guide …

1. Pensions introduction – the tax planning vehicle of choice for high earners?
Contributions limits, tax reliefs, inheritance tax and more as we answer your pension-related questions.

2. A rich retirement: making the most of pensions
Looking at recent changes to the rules on pension contributions and how you could make best use of the new rules to provide for yourself and your family.

3. Cut your tax bill by £165,000 in retirement
For those who have built up a pension pot, changes to the pension rules may cost you up to £165,000 if you don’t take action before 6 April 2012.

4. Pensions just got flexible with new drawdown rules
Restrictions have eased on how and when retirees can access pension benefits after retirement. Find out if flexible drawdown might suit you.

To find out how our professional advisers can help you with your pension planning, visit our Private Clients Pensions page  or contact your local pensions specialist for tailored, individual advice.

Our pension planning series was written by Mike Hyland, Tax Manager, and James Temperley, Chartered Financial Planner.

You might also find these posts useful:

* Deathbed IHT planning: are there any last-minute strategies to avoid inheritance tax?
* Retiring abroad could be more taxing than you think
* ‘How does HMRC know I have undisclosed income?’