Alternative retirement strategies

Planning for retirement is not just about saving into pension arrangements. In the past some individuals took advantage of the generous pension allowances available to benefit from tax efficient growth and tax-free lump sums. Now with reduced annual and lifetime allowances, other forms of saving must be considered. During a working life a client can accumulate wealth from a pension or through a portfolio of investments. Prior to retirement it is important to consider the make-up of an investment portfolio to make sure tax efficient growth is achieved and either an income or a lump sum...