At long last, there’s some good news on pensions according to a Birmingham-based Independent Financial Adviser.
New rules mean greater flexibility for both employers and staff to contribute to pension funds during different stages of individual careers.
Denis Sullivan says,
‘ The most ground-breaking change is that the link between taking your tax free cash and your pension income will be broken. So, if you’d rather buy a sports car or invest in property at aged 50 than sleep in a fur lined deck-chair at age 75, the rules make this possible!