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Tax Avoidance for all at retirement


John Hiew
Assured Retirement Ltd
T 0117 284 4013

    Tax Avoidance for all at retirement

Assured Retirement launch a legal, simple and ethical solution to all those who do not wish to contribute to the Exchequer’s expected additional pension tax receipts of £3.89bn* over the next 5 years.

Assured Retirement today launch their Cash Retirement Account – a low cost pension with no investment risk designed for the average retiree who wishes to access their pension using the new post 6th April pensions flexibility, but do so in a tax efficient way. The Cash Retirement Account only invests in cash deposits and each account may be tailored according to individual needs. It offers access to tax planning for all retirees, by allowing the phasing of pension payments over a period, enabling every individual to make the most of their personal and basic rate income tax allowances.

John Hiew, Chief Executive of Assured Retirement says:

“An estimated 130,000 individuals are expected to access their pension funds in 2015/16 alone and between them pay an additional £380m of tax. HM Revenue and Customs estimate that as a result of the pension reforms, this additional tax will increase dramatically over the next 5 years and will total £3.89 billion*. Whilst the new rules allow an individual to take their entire pension fund as a lump sum, for many individuals this would be a poor decision and would result in unnecessary income tax that may be avoided through sensible planning. The Cash Retirement Account allows such planning and is a new product that uses modern technology to offer a low risk, low cost retirement income solution that enables better outcomes for customers.”

The Cash Retirement Account:

Can be set up for any investment term from 1 year to 5 years, in whole months
Has a minimum investment amount of £18,000, net of any tax free cash lump sum
Offers the ability to specify a taxable lump sum in addition to a tax free cash lump sum
Enables individuals to tailor their income, defer taking income, take a sustainable income or take no income at all
Offers the facility for an individual, or their employer, to make additional pension contributions
Has no investment risk because it only invests in cash deposits
Limits the exposure to any single bank or building society to a maximum of £85,000
Only uses bank/building societies that are covered by the Financial Services Compensation Scheme
Maximises the interest earned by using a panel of banks, building societies and National Savings and Investments
Offers both Flexi-Access Drawdown and Uncrystallised Funds Pension Lump Sum options
Has a low, all inclusive charge that is fully disclosed within every Personal Quotation
*Source – HMRC, Pension Flexibility 2015, Tax Information Impact Note, published 7th November 2014.

About Assured Retirement: Assured Retirement was created to provide a new range of simplified pension products designed for those who wish to access their pension savings in a low risk, flexible and low cost manner.

Our website has a comprehensive ‘Adviser Zone’ where we have a range of external links, case studies, product information and technical guides.

Tel: 0117 284 4013
Assured Retirement Limited is authorised and regulated by the Financial Conduct Authority, FRN 651421.
Registered and incorporated in England and Wales No. 09265346. Registered address is 23 Westfield Park, Redland, Bristol, BS6 6LT.

You should not take, or refrain from taking, any action based on this information. This information is not advice and if you are unsure about the suitability of an investment, you should seek Independent Financial Advice.

Welcome to the Assured Retirement website

We are pleased to announce the launch of our brand new website. You’ll find plenty of information about our company, what makes us different and the low cost flexible retirement products we offer.

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