TAX TIPS AND ADVICE

 

MARCH 2014 BUDGET INFORMATION RELATING TO PENSIONS

 

The 2014 Budget brought about a complete change to the tax treatment of personal pensions - almost revolutionary.

Changing all the rules regarding annuity drawdown will change the lives of millions of pensioners for the better - the abolition of the rule that you have to take an annuity is enormously empowering for someone who does not have a proper salary related scheme.

For more details of how the rule changes can benefit you please contact Mike Holdstock or Paul Train at Holdstock Nicholls Train & Co on 01482 504114.  We work in partnership with financial advisers to ensure clients receive independent advice to achieve the maximum benefit from their pension scheme.