Call Richard Cook: 07770 575 122

email: richard@theinvestmentandretirementcoach.co.uk

55% death taxes abolished – sign up for our workshop today

George-Osborne_1878948bIn his 2014 Budget Speech George Osborne said,

“People who have worked hard and saved all their lives, and done the right thing, should be trusted with their own finances”

So from April 2015 most of the rules which tell us how much we can take out of our pension funds, and when, will be abolished. There remains a lower age limit of 55 and only 25% of the fund can be taken tax free. Otherwise, as long as we are prepared to pay tax on the withdrawals, we can take as much as we like, when we like.

The biggest winners are higher rate tax payers who expect to be basic rate tax payers for at least a few years after age 55. This was covered in detail in my recent blog: 17.5 % return – find out how.

The sting in the tail of all this good news was a potential 55% tax rate on any money remaining in the pension fund after the death of the member and his/her spouse.

So at the recent Conservative Party Conference, it was announced that the 55% tax rate was to be abolished.

Welcome news indeed.

This new flexibility, when combined with the very generous tax reliefs on pension contributions, result in many new and exciting investment, tax, and pension planning opportunities for those who are prepared to invest a little time learning how they can benefit.

We are running a series of workshops/briefings in November 2014. These are perfect if you are:

*A higher rate tax payer.

*Have a pension in Income Drawdown.

*Expect to retire in the next few years.

*Have ISA accounts or other investments.

*Hate the thought of your family paying inheritance tax on your hard earned money.

*Are concerned about the impact of potential Long Term Care costs on you and your loved ones.

Pre-register now for the November workshops. They will be available both in person and online. You have nothing to lose and loads to gain.

Spaces will be limited so act NOW and Click here to register your interest. All pre-registrants before 14 Oct will receive complimentary access.

Don’t miss out!


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

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