Q. I am approaching retirement and I have received a letter from my pension provider detailing the level of income I am likely to receive in retirement (depending upon which of the options, detailed in their letter, I prefer). I had intended simply to take the retirement income offered by my existing pension provider; however, I… Read more »
Q. My father died recently leaving behind him a substantial estate, much of which was property and assets that he amassed whilst married to my mother (who pre-deceased him). I was always lead to believe that my father’s estate would be shared between me and my two siblings (and I have seen previous versions of… Read more »
Q. I recently completed my self assessment tax return, with the assistance of my accountant. During our meeting, he advised me that I need to seek advice regarding my retirement planning, as the rules regarding the taxation of pensions are set to change. Unfortunately, he stated that he is not an expert on pensions and suggested… Read more »
Q. I have established a number of trusts so that, in the event of my death in service, my life assurance and pension savings are paid into those trusts for the benefit of my children and grandchildren (so as to enable those beneficiaries to avoid a significant inheritance tax liability in respect of those benefits). However,… Read more »
Q. I am the owner/manager of a small local business. Despite what we see in the national press, trading conditions remain extremely difficult for many people in my position. Was there any good news for small business owners in the recent autumn statement? A. Yes. Although there were no dramatic gestures (which would have been a surprise… Read more »
