Retirement planning book

This book shows how to assess your current financial position and tells you how to get the most from financial planning. It examines early retirement and highlights the financial support you can expect from the state; the tax and legal obligations that must be met; as well as the provision which must be made for dependents.

New information for this edition includes:

• Pensions: phasing out of tax credits to pension funds; money purchase schemes; and the pension transfer review

• Investments: the withdrawal of PEPS and TESSAs and the introduction of the new Individual Savings Account (ISAs) and other available tax-effective investment opportunities

• In retirement: how much income and capital you need and how long it will last; living longer; residential care costs;

passing capital to children; providing for your spouse if
you die.

Understand the options available for improving your retirement prospects.

Sommaire

• Your state pension

• Improving your company pension

• Improving your personal pension and retirement annuity

• Taking your pension

• Investments

• Financial Protection

• Income Tax and Capital Gains Tax

• Inheritance Tax

• Making a Will

• Trusts

• Retiring Abroad

• The Payment of State Pensions

• Help at Home

• Caring for the Elderly