Bob Singh CertPFS,Cert CII (MP), DipFA’s Post

Can I pass on my pension when I die? Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. Inheriting a pension can be a life-changing legacy for children or grandchildren. Any planning involving pensions should always involve advice from a qualified financial adviser. Many people only start thinking about inheritance when they’re writing their Will*. Deciding who gets what, and how much, certainly focuses your mind. But there is real value, and tax-efficiency, in financial planning that considers retirement and inheritance as part of the same long-term, family financial plan. #inheritanceplanning #taxefficiency #taxyearend

> Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. > Inheriting a pension can be a life-changing legacy for children or grandchildren. > Any planning involving pensions should always involve advice from a qualified financial adviser. Many people only start thinking about inheritance when they’re writing their Will. Deciding who gets what, and how much, certainly focuses your mind. But there is real value, and tax-efficiency, in financial planning that considers retirement and inheritance as part of the same long-term, family financial plan. Read more:

Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. Inheriting a pension can be a life-changing legacy for children or grandchildren. Any planning involving pensions should always involve advice from a qualified financial adviser. Many people only start thinking about inheritance when they’re writing their Will*. Deciding who gets what, and how much, certainly focuses your mind. But there is real value, and tax-efficiency, in financial planning that considers retirement and inheritance as part of the same long-term, family financial plan. #retirementplanning #inheritanceplanning #financialfuture #financialadvice #wealthmanagement

"Can I pass on my pension when I die?" This question, or one very similar, is a question I get a lot. With so many complexities surrounding pensions, it is satisfying to provide peace of mind on this topic. There is real value, and tax-efficiency, in financial planning that considers retirement and inheritance as part of the same long-term, family financial plan:  https://lnkd.in/gvhDCgbX #financialplanning #knowledge #confidence #peaceofmind

If you’re planning your retirement, you should think about planning your inheritance at the same time – especially if you’re hoping to pass on some or all of your pension. Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. Inheriting a pension can be a life-changing legacy for children or grandchildren. Any planning involving pensions should always involve advice from a qualified financial adviser. Read more here.... https://lnkd.in/ezSd5d9F

𝗖𝗮𝗻 𝗜 𝗽𝗮𝘀𝘀 𝗼𝗻 𝗺𝘆 𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝘄𝗵𝗲𝗻 𝗜 𝗱𝗶𝗲? 🧐 📌 Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. 📌 Inheriting a pension can be a life-changing legacy for children or grandchildren. 📌 Any planning involving pensions should always involve advice from a qualified financial adviser. https://lnkd.in/ebmcvzni

Can you pass on your pension when you die? Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. If you’re planning your retirement, you should think about planning your inheritance at the same time – especially if you’re hoping to pass on some or all of your pension. To find out more on this topic, read the article below. https://lnkd.in/e9mWeSed #inheritance #efficientplanning #financialeducation #toptips #wealthmanagement #futureplanning #legacy

It's a common misconception amongst clients I've spoken to, that their pension 'dies with them'. However, whilst true for most state pensions, final salary pensions and annuities (depending on death benefits and scheme rules), it is certainly not the case with most personal pensions. For many people, this leads them to the conclusion that they must spend their personal pension funds first in retirement, and 'draw it all' before it's lost. Worse still, this may also lead some people to avoid saving into pensions altogether, choosing instead to invest into less tax-efficient assets. If this is you, or someone you know, STOP and read this article. And if you're unsure about the death benefits available with your personal pensions, seek advice. #financialeducation #retirementplanning #intergenerationalwealth

Can you pass on your pension when you die? Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. If you’re planning your retirement, you should think about planning your inheritance at the same time – especially if you’re hoping to pass on some or all of your pension. To find out more on this topic, read the article below. https://lnkd.in/enpinMcP #inheritance #efficientplanning #financialeducation #toptips #wealthmanagement #futureplanning #legacy

Can you pass on your pension when you die?   Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. If you’re planning your retirement, you should think about planning your inheritance at the same time – especially if you’re hoping to pass on some or all of your pension. Find out more on this topic here: https://lnkd.in/dfan3qqb   #inheritance #efficientplanning #financialeducation #toptips #wealthmanagement #futureplanning #legacy