Occupational and Group Pensions
There has been much talk recently of a crisis within the pensions industry. The government is aware that if current trends persist, they may well have to raise the state retirement age to 70 in order to fund the elderly in retirement.

Fluent IFA have outstanding experience in the arrangement of Group Pension Schemes, and we can pass that knowledge on to you. The right type of pension scheme can help to promote employee loyalty, and even attract better employees. Talk to us.

Stakeholder pensions are a government initiative to encourage individuals without pensions provision to save towards their own retirement. If you are looking to start a pension or review an existing arrangement, you will need an understanding of stakeholder pensions. They are designed to be simple, flexible and affordable and have to meet certain minimum standards to ensure they offer value for money and are secure. However, expert advice is a must. And at Fluent IFA, that’s what we offer.

The Stakeholder basics:
Your employer (if you have one) and third parties may make contributions to your plan, as well as yourself. If eligible, you’re able to make payments of up to £3,600 (gross) per year regardless of your earnings. Payments over £3,600 may be made, subject to existing earnings, Inland Revenue age limits and personal pension schemes. The highest minimum payment you may be asked to make is £20 gross. Pension providers are able to set lower payment limits. Annual charges are limited to a maximum of 1% per annum of the value of your fund. No charge will be made for stopping or reducing payments or for transferring to another scheme.
You’re able to take up to 25% of the pension fund as a tax free lump sum (subject to conditions).

Act now. Consult Fluent IFA and together we will ensure your future is secure.