Pensions

A pension is a product designed to provide you with an income in retirement. There are age restrictions on when you can access money held in a pension (usually not until you are at least 55), but there are also plenty of tax incentives from the government to encourage you to save your money in one.

Pensions

A pension is a product designed to provide you with an income in retirement. There are age restrictions on when you can access money held in a pension (usually not until you are at least 55), but there are also plenty of tax incentives from the government to encourage you to save your money in one.

Different pension policies have different features – some are designed to provide you with a guaranteed annual income that is protected against inflation. Others are designed to allow you to take your benefits flexibly, taking an income only when you need one and leaving the rest of your money invested for future potential growth.

There are a lot of rules and regulations surrounding pension products, which can make them a particularly complex aspect of any individual’s financial plan. At BBT Group we aim to break down these complexities to help you better understand your position when it comes to retirement planning.

Want to learn more? Why not read some of our pension articles.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from, taxation are subject to change.

The value of investments and income from them may go down. You may not get back the original amount invested.

Past performance is not a reliable indicator of future performance.

A pension is a long-term investment – the fund value may fluctuate and can go down, which would have an impact o the level of pension benefits available.

Investments

Pensions

Mortgages

Protection

Estate Planning