April 2015 Pension Reform

What this means for you and your Pension

Changes in pension legislation means that from April 2015 you will be provided with numerous options in how you can access your Pension Fund:

• Take the whole fund as a lump sum (Full encashment)
• Take smaller lump sums, as and when you need them
• Take up to 25% of your fund tax free
• Take a guaranteed income for life (Annuity Purchase)
• A hybrid approach using one or more of the options above

It is widely anticipated that your current provider will be restricted to two options:

• Full encashment
• Annuity Purchase

However, it is unlikely that they will disclose the tax implications for either.

At Riverside, we will fully analyse your current position and talk you through the pros and cons of all of your options, to build the most appropriate pension solution for you.

To find out how the April 2015 Pension Reforms affects you complete the form and one of our advisers will contact you to discuss your options.

Arrange to speak to a pension adviser.