Have you had or are you paying in to a Pension?

DC pensions are usually employer pension schemes but can also be privately held pensions. Since  the halt of defined benefit schemes and employer enrolment most individuals now have Defined Contribution schemes in the UK.

Contributions are usually based on a percentage of earnings and the money is invested in line with an individuals investment objectives. It is important to keep on top of the type of investments you hold and contributions you are making.

Why are clients taking advice on DC pensions:

• Investment Flexibility
• Lifetime allowance tax planning
• Succession Planning 
• Currency Control
• Consolidation