Defined contribution pensions and tax
The tax treatment of your pension pot depends on the way you access it. The pension reforms initiated by ex-chancellor George Osborne (often referred to as ‘pension freedoms’) have given people more flexibility in what they can do with their pension savings.
Everyone who reaches their retirement will be in a unique position, with varying sized pots, different assets and individual goals and aspirations. The best strategy for accessing your pension will use the 4 options at your disposal in a mix that reflects your circumstances and desires.
Talk to a member of our team about your retirement today.