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Retirement Planning
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Paying into a Pension
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Overview
Overview
Investing for your future, via a pension may be one of the most tax efficient things you will ever do.
Why? Because government recognises the population problems associated with the falling birth rates and rising longevity. It therefore offers attractive tax reliefs on pension contrubtions.
Pension Planning is undertaken on one of two approaches:
1. The investor plans what is affordable today, and then sees what the pension projection looks like at the retirement date.
2. The investor plans what income is required when the working life ceases, and then works back to arrive at the investment need today.
1st Option will fully support both approaches and will help you with help you to achieve your objectives. You are advised to regular review your process in line with your objectives.
The value of your investment and income from it can go down as well as up and you may not get back the full amount invested. Levels and bases of and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor.
Next Steps
To find out more call the 1st Option help desk on
0800 089 0110
or
contact us
via the website.
Calls to this number will be free from most UK landlines; mobile costs will vary.
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