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Author:Carroll, P.
Title:Fund planning The effect of social change in the UK
Journal:Pensions
1987 : SEPT, VOL. 100;1129, p.99-101
Index terms:ACTUARIAL SCIENCE
PENSION FUNDS
TAX ALLOWANCES
Language:eng
Abstract:A thoughtful review of current personal pensions and their transfer value. Mortality rates and the ageing of the population are considered as well as tax incentives.Both employers and employees contributions can be offset to reduce tax paid, pension funds accumulate tax free and a lump sum on retirement is free of tax. Patterns of employment are also considered, and advantages of mortgages off-set against taxation for house owner-occupation.
SCIMA record nr: 68146
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