Category Archives: Estate Planning Advice
A Lasting Power of Attorney could save your pension income
In April 2015 the tax rules were changed to give people greater access to their pensions. As a result, more people can now benefit from income drawdown schemes that historically have been limited to the wealthy. Many people are choosing income drawdown due to the flexibility and tax advantages it offers. However, unlike an annuity, income drawdown requires you to be able to manage your financial affairs throughout your retirement. … Continue Reading