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Tag Archives: tax free cash
A review of pension taxation
The Treasury has asked the Office of Tax Simplification to review the tax system for pensioners, with the aim of simplifying the pensions tax regime.
Posted in News, Retirement
Tagged income tax relief, office of tax simplification, pension, tax free cash, tax review
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A few pension issues to consider
Informed Choice senior paraplanner Shelley McCarthy attended a technical workshop yesterday where a number of interesting pension planning issues were raised.
Early access to pension cash
Reports in the press yesterday suggest that the Treasury will shortly consult on allowing people early access to the cash in their pension funds.
A valuable pension tax-break
Informed Choice Financial Planner Len Armstrong explains why the Budget left in place a valuable tax-break for members of final salary pension schemes who are able to take 100% of their AVC contributions as tax-free cash.
Posted in Financial Planning, News, Retirement
Tagged avc, budget, len armstrong, tax free cash
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The Age 50 Question
The 6th of April 2010 will, for many, mark a key date in their retirement planning. Anyone who will be 50 before the beginning of the next tax year will have to make the decision whether it is appropriate to take their retirement benefits in whole, in part or to wait for up to a further five years.
Posted in Retirement
Tagged age 50, age 55, andrew neligan, annuity, Retirement, tax free cash, unsecured pension
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