Take care when considering new pension changes

There have also been some dramatic improvements to any remaining pension pots on death before age 75 in that the funds can be paid to beneficiaries as a tax free lump sum and do not form part of the estate for inheritance tax purposes as well as a few other positive tweaks.

Saved in:
Bibliographic Details
Published inCornish guardian (Derby, England)
Main Author Stacey, Jack
Format Newspaper Article
LanguageEnglish
Published Truro (UK) MGN Ltd 15.04.2015
Subjects
Cost control
Lump sum
Retirement planning
Online AccessGet full text

Cover

More Information
Summary:There have also been some dramatic improvements to any remaining pension pots on death before age 75 in that the funds can be paid to beneficiaries as a tax free lump sum and do not form part of the estate for inheritance tax purposes as well as a few other positive tweaks.