Why reinvent the wheel? Pension planning with a 'twist'

Looking for opportunity in the pensions market

clock • 2 min read

Mark Lisle shares his insight on potentially overlooked pension planning opportunities...

While looking for opportunity in the pensions market, we need look no further than the old stalwart: ‘employ your spouse'. This is reminiscent of the days when defined benefit (DB) ruled and defined contribution (DC) were the poor relation. This time, with a twist, that works particularly well for partnerships. When operating as a limited liability partnership (LLP), provided an employer-employee relationship is established, if a consultant were to employ their spouse, they could choose to establish a DB pension scheme, invite their spouse to join and then join themselves. Using th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Reeves to consider £2bn raid on tax-free pension lump sum

Reeves to consider £2bn raid on tax-free pension lump sum

Telegraph reports PCLS cut could help plug £50bn public finances hole

Jonathan Stapleton
clock 21 August 2025 • 3 min read
State pension age review: Govt launches call for evidence

State pension age review: Govt launches call for evidence

UK faces long-term demographic pressures

Jenna Brown
clock 18 August 2025 • 2 min read
'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

After PensionBee calls for a legally enforceable transfer guarantee

Sahar Nazir
clock 18 August 2025 • 2 min read