It is possible to get to over £1,000,000 in your pension pot, the key thing is to start early and spend time in the markets rather than trying to time them. Here are some ways you can enhance your pension for a comfortable retirement: Don’t Dip In You can take 25% of your pension in...Read More
Your lifetime allowance is the maximum amount you can build up in pension benefits over your lifetime without incurring a tax charge. Pension drawdown above LTA is subject to a 55% charge when taken as a lump sum and 25% when taken as income. A £1million pension can seem impossible to reach but with compound...Read More
Recent Comments