Pensions and Retirement Planning

The rules around pension planning have changed a great deal recently, arguably making pension planning more important than ever. There are potential significant tax savings to be had with much greater freedom about how and when you draw the funds from the age of 55 onwards.

2016/17
Minimum age for taking benefits55
Annual allowance£40,000
Lifetime allowance£1,000,000
Normal maximum tax-free lump sum25%

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

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News

11 September 2019

St Nicholas School defibrillator donation

Mander Duffill has become actively involved with St Nicholas School during the year, initially arranging a Community Day where members of the firm volunteered to help paint various outside areas ... Read more

10 September 2019

Mander Duffill Community Day – 29 August 2019

Volunteers from the firm spent a day at St Nicholas School in Chippenham, painting various outside areas to create a brighter and more stimulating playground. Each area of the playground ... Read more

5 September 2019

Enews – September 2019

In this month’s eNews we consider on Customs EORI numbers, calls to simplify apprenticeships and advice for trusts. We also report on the latest guidance for employers and a reminder ... Read more