Warning of unexpected tax bills for unlocking money from pension pots
26 Aug 2016
A recent statement from Citizens Advice warns that people are being hit with unexpected tax bills after unlocking their money from pension pots. With approximately 232,000 people making use of the new pension rules to date, it is essential that anyone considering taking money from their pensions to seek professional advice on the best way forward for their individual situation.
Through our extensive network of contacts, we are able to introduce you to an Independent Financial Adviser who will assess your situation and inform you of the pension protections best suited to you. To find out more, contact Steve Govey or your usual Beavis Morgan Partner.