ESSENTIAL READING FOR HIGHER RATE TAX PAYERS AGED OVER 50.
Would you like to know how to turn £30,000 into £50,000 in just 5 years with little or no risk?
If you invest £6,000 per annum for 5 years and create £50,000 at the end, that’s a rate of return of around 17.5% per annum.
How is this possible?
It is not magic.
You just need to exploit the new pension freedoms which were introduced in this year’s budget. A pension plan where you can take all your money out as lump sums and don’t have to buy a pension but with all the tax relief’s still available. Truly amazing!
So why are the pension providers not talking about this?
Because they want to keep their hands on your money and their fat fees coming in; that’s why.
The secret is to make contributions which qualify for higher rate tax relief of 40%. Then – at some time in the future – take 25% of the fund tax free and only pay 20% tax on the remainder. This will not work for everyone but some of my clients who are 5 or so years from retirement are certainly making it work for them. They will not pay a penny of higher rate tax for as long as they continue to work.
Will you qualify? Can I really get you 17.5% per annum? The only way to find out is to contact me. Book a telephone discussion, and a few quick questions will establish whether this is for you.
Unbelievable isn’t it? Pension tax relief but no pension. 17.5 % per annum return over 5 years. What do you have to lose?
Contact me now – there’s no cost; just a few minutes of your time.
This document and our on going services are not personal advice. We'll give you all the help and guidance you need to make your investment and retirement decisions, but we can't advise you. If you're not sure whether you need regulated financial advice we can put you in touch with a suitably qualified and experienced regulated adviser. Because we are not regulated by the Financial Conduct Authority you will not have access to the Financial Ombudsman Service in respect of any complaints. If you use one of the "no advice" on line services to handle investment transactions they will be Regulated and you will have access to the Ombudsman and The Financial Compensation Scheme in respect of their services. The value of investments/pension plans can fall or rise depending on market performance. The Retirement Team and The Investment and Retirement Coach are trading names of Capture Success Ltd Reg No 01825075 Tel 07770575122