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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 …

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Pensions just got flexible with new drawdown rules

Friday, October 28, 2011 | Posted by: Mike Hyland
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HNWIs, income tax, pensions, retirement, tax relief, Mike Hyland, minimise, high earners, higher rate taxpayer, pension, James Temperley, pension series, pensions changes, income drawdown, flexible drawdown, annuity, capped drawdown, 50% tax

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A common reason clients give for not wishing to contribute to pensions are the restrictions on how and when they can access their pension benefits after retirement. From April this year there is a new option for such retirees. Flexible drawdown, as the name suggests, will give individuals much more freedom as to how they take their pension benefits.

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Cut your tax bill by £165,000 in retirement

Friday, October 21, 2011 | Posted by: Mike Hyland
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HNWIs, income tax, pensions, retirement, Mike Hyland, minimise, high earners, higher rate taxpayer, pension, James Temperley, pension series, pensions changes, lifetime allowance, lifetime tax relief, fixed protection, 50% tax

Our pension series continues with a look at the changes to the pension rules, which may cost you up to £165,000 if you don’t take action before 6 April 2012.

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A rich retirement: making the most of pensions

Friday, October 14, 2011 | Posted by: Mike Hyland
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HNWIs, income tax, pensions, IHT, retirement, tax relief, Mike Hyland, high earners, higher rate taxpayer, pension, James Temperley, pension series, pensions changes, pensions carry forward, annual allowance, 50% tax rate

After answering some of the most common pension questions in our post last week, we now consider the 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.

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Pensions – the tax planning vehicle of choice for high earners?

Friday, October 07, 2011 | Posted by: Mike Hyland
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HNWIs, income tax, pensions, retirement, tax relief, Mike Hyland, minimise, high earners, higher rate taxpayer, pension, James Temperley, pension series, annuity, 50% tax rate

Welcome to our new blog series on pensions. As an introduction, we will answer some of the most commonly asked pension-related questions and look at why now is such a good time to consider pension planning.

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Raise NICs, not state pension age, to fund pensions deficit

Thursday, November 19, 2009 | Posted by: Richard Jameson
Categories: Protecting your wealth | Tags: Richard Jameson, NIC, retirement, tax relief, liability, pension, final salary scheme, Turner Report, private pension

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The UK’s looming pensions calamity came to light in 2005 when Adair Turner of the Pensions Commission (now chairman of the Financial Services Authority) released the

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