LIFETIME & ANNUAL ALLOWANCES

Do you fully understand the financial matters and issues that can affect you, now and in the future?

The pension tax relief system is now under constant change. The Government have, over the last few years,  reduced the Lifetime Allowance (The amount we can save towards our pension during our working life) and this will now have massive implications for high earners.Pension tax relief has also been reduced for high earners by introducing a ‘Tapered Annual Allowance’ (The amount we can contribute each year to our pension) from 6th April 2016.

This seminar will be invaluable to any high earner (income over £110,000) or a member of a Final Salary Pension Scheme with a projected pension in excess of £40,000 a year.

It will cover the following topics and answer the questions below:

Annual Allowance

  • What is it?
  • How much is it?
  • What action may be needed?

Lifetime Allowance

  • What is it?
  • How much is it?
  • What protections are available?
  • Where to obtain the correct and proper advice

Contact Oak Tree to find out more about this training.

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