Tag Archives: SIPP
How to Maximise Pension Income in Year One

How to Maximise Pension Income in Year One

How to Access in Excess of 25% of Your Pension Fund Today

Many people often ask about “cashing in their pension plans”. Unfortunately, many people are under the illusion, or simply don’t recall, that you cannot simply take all the funds accumulated under your pension plan out in one go.

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Personal Pension Plans – an introduction

One popular method of saving for retirement is to use a “personal pension plan”. This is a tax-efficient savings vehicle for building a fund from which to take a lump-sum and/or income in retirement.

It offers a number of tax benefits which will be covered later in this article.

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