The Budget and Retirement

Each year the government releases a budget for the nation – what about retirees?

What will the budget do to my retirement options?

The April 2015 budget has probably been one of the most significant in relation to pensions and annuities in well over 50 years.
With individuals now having the rights to access their entire pension pot, there has certainly been great scope for investing, experiences, paying off mortgages, family loans etc.

The most important fact to consider is that only the first 25% of the pension pot taken will be protected as tax free.

tiny-risk-icon   It really is imperative you take the advice of a financial adviser before taking a momentous decision.

Paying a large tax deduction to the government for releasing your entire fund would be in many cases an unsound decision.

Please talk to us, don’t miss out on doing and getting more from your money so you can retire happy.

Want more information?

Retirement options should never be decided on a whim, they deserve careful consideration. We believe that all our customers should receive the same service and options that we ourselves want in our retirement. If you’re unsure about what is right for you, or you simply want further information to help you make the right decision please talk to us.