Thursday, July 12, 2012

The Pensions Versus Savings Debate


The goalposts have been moved over the last few years in terms of the tax efficiency of pensions. Some reliefs have been reduced and  taxes have increased on the benefits that are being drawn down.

Tony Gilhawley of Technical Guidance Ltd., in partnership with Standard Life, have produced a technical paper on the issue titled 'To Pension or to Save...that's the question!', which is available here.

The answer? Well, it depends...

Whichever route you take, it may be worth your while investigating these Pensions or Savings products.

Both sites provide access to low-cost products on an 'execution only' service basis.


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