New Pension Rules – The Downside

New Pension Rules – The Downside

New pension rules came into effect on 6 April 2015 which have brought many welcome changes. But what about the changes which are not so good? Careful consideration needs to be made with regard to how the changes may affect you. The most significant change is probably...
New Pension Rules Can Save Inheritance Tax

New Pension Rules Can Save Inheritance Tax

Major changes to the pension rules came into effect on 6 April 2015 which can have considerable benefits for inheritance tax. Under the previous system, when someone died over the age of 75 without having spent all their pension funds, the money was normally taxed at...