By now most of us have heard that the government have made radical changes to how retirees can access their pensions with the decision to abolish the requirement to buy an annuity along with increased flexibility on how you can access your funds at retirement being two of the main headlines.
By Angelo Kornecki, director, AKORN
It certainly needs to be noted that a person’s income in retirement can come from many different sources and not just pension savings; ISA’s, Unit Trusts/OEICS, offshore/onshore bonds, rental properties etc…. can all play a part in providing tax efficient income in retirement.
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