The arrival of pensions simplification heralds
the most radical overhaul of the pension regime since the introduction
of the earnings cap in 1989. Whereas previous attempts at pension
reform have merely succeeded in increasing complexity, the simplified
regime is largely a replacement of the existing framework rather
than yet another addition to it. As a consequence, in many areas
it will require a new approach to retirement planning.
We will be discussing the implications of the changes with
you as a feature of the Annual Review of your portfolio. It
is important that all of your pension arrangements are reviewed,
past and present, as there are likely to be either positive
or negative effects on all pension arrangements.
Our website www.argylefinancialgroup.co.uk will shortly have
a brief summary of the main features of the new regime.
Please get in touch if you would like us to look at your pension
arrangements now.
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