Pension tax basics When it comes to tax, pensions work on what is called an exempt-exempt-taxed basis. In this post, we'll be covering what this means for defined contributions schemes (also known as pension pots)? When
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There are around 4.8 million self-employed people in the UK, but only 31% of the self-employed are saving into a pension. A large advantage of being self-employed is being able to work for yourself and
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What percentage should you take from your pension pots when you retire? This is one of the most common questions people ask when they first find out about pension freedoms: what is the right percentage
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How much do you need in your pension pots? The answer to this question will depend on various personal factors. In addition to doing the numbers, here are a few things to keep in mind
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What are leaks from your pension pots? Jenny has saved consistently into her various pension pots over the years. She has also taken advantage of the available contributions from her employer where possible. When she
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