Your pension is your asset, just like any other, So it's reasonable to expect that when you finally shuffle off this mortal coil, your pension doesn’t shuffle along with you, landing squarely in the tax man's pockets.
You may have at some stage in the past, between 2006 and now, transferred your UK pension to either a qualified recognised overseas pension scheme, QROPS or an international Self-Invested Pension Plan, SIPP. If you have, then this article is for you.
- Published On: November 4, 2022Categories: Emotional Investing, Planning
If your target is to accumulate $2,000,000 over a given period, let's say by your 50th birthday, and today, you turned forty years of age. The required saving level, assuming zero investment growth, would be £16,666.66 per month.
- Published On: October 17, 2022Categories: Emotional Investing, Planning
Many people delegate their investment choices to others they have already carried out a risk assessment with, their broker. However, it would be a good idea to understand how much risk the money you have worked so hard for is exposed to daily. You may be unpleasantly surprised.