L Y S O N

Personal Pension Plans

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Personal Pension Plans

A Personal Pension is a long-term investment that aims to help you build up a pot of money that you can use for your retirement.

Benefits

  • Allows you to save funds towards retirement
  • Investment income of the scheme is exempted from corporation tax
  • Upon the death of a member of a registered scheme, the dependents qualify as a group for tax-exemption
  • The schemes will be run under the RBA act which gives security of the fund and also continuous benefits which the Government may give to schemes from time to time

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