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| Pensions |
Let Us Help You Secure Your Pension Today
You're never too young to start saving for retirement with a pension plan. The younger you are when you start saving, the more financial freedom you'll have down the road. Whether you already have a pension scheme or if you're looking for a different one, the specialists at Lyon & Co will connect you with a pension provider who will search to find the best pension plan for you.
The last thing you want to worry about when you're finally retired is how your living expenses are going to be covered. Take the worry out of your future retirement now by planning ahead with a pension plan. There are many types of investments that may provide you with income in the future, and a pension plan is a great option if you're looking to Plan for your Retirement. Secure your future happiness today!
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| Pensions |
The proceed payments of a personal pension plan are subject to tax relief.
Payments are made to you after retirement in a lump sum, and steady monthly payments, or in a combination of the two. Directly following retirement, 25% of the pension can be taken as a tax free lump sum, but the remaining funds in the pension must be used to purchase an annuity. Pensions Start saving for your future today by investing in a pension plan.
Click here and we'll help you find the best pension plan for you!
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| Annuities |
To invest in an annuity, you need to pay a lump sum, not monthly payments like with other types of investments. Annuities pay out in either regular, monthly payments (like a normal income) or in larger, or less frequent payments.
Compulsory Purchase Annuity is one of two types of annuities. This type of annuity is treated as taxable earned income, and it is purchased from a pension scheme.
A Purchased Life Annuity is the second type of annuity. This type of annuity is subject to lower tax rates because the annuities are purchases with personal funds. Plan ahead and guarantee yourself income for retirement by investing in an annuity. Let us help you find the best annuity option for you today.
Click here and we'll help you find the best Annuity plan for you.
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Lyon and Co LLP are regulated by the FSA Reg No 469399
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