5 min Read
31 Oct 2013
Reader Question: I have a small private pension pot which I stopped contributing to years ago. I am now 59, and am thinking of retiring. I’m loathed to buy an...
Tag: trivial commutation
Pensions, Tax Mitigation, Investing, Tips, Tax
Money tip #69 - How those nearing retirement could bag themselves a quick guaranteed 20% investment return thanks to the tax man
2 min Read
21 May 2010
Following my posts Money tip #67 – Make pension contributions on behalf of your spouse and children and get tax relief even though they don’t pay tax! and Money tip#68 – How you could be entitled to take your entire pension fund as a one-off cash lump sum they lead on to...
Pensions, Tax Mitigation, Investing, Tips, Tax
Money tip#68 - How you could be entitled to take your entire pension fund as a one-off cash lump sum
4 min Read
20 May 2010
(Article updated 6th December 2011) Under current UK pensions legislation your pension fund ultimately has to provide you with a retirement income. Alternatively, it is possible to take a small slice of your fund as a tax-free lump sum (usually 25%) while the balance is used to purchase an income....