Pension legislation has changed a lot over the years, with changes to contributions rules, allowances and the tax treatment of pension investments.
Senior management and higher earners are more likely to be affected by these changes than the majority of pension savers, which is why it is important to seek specialist financial advice to ensure you are making the most from your pension arrangements.
Higher earners should seek advice with respect to:
- their total annual contributions and accruals
- the sum total of all their pensions pots
- their need for pension protection and their employer's awareness of such arrangements
Gallagher Wealth Management offers a specialist pension advice service for executives that can address these issues and manage them on an ongoing basis.