Pensions & Retirement Planning
Our Pensions Specialists help company directors fund their pensions in a tax efficient manner and invest it wisely.
Company Director Pensions
At Verity Financial Consultants, we have a dedicated Pensions & Retirement Consultant to help our executive and directorship clients extract, manage and investment funds from their business via pensions.
An Executive Pension is a pension set up by an employer for executives or key employees of the company. The pension is set up under a trust and typically the employer will act as the trustee.
An Executive Pension is a tax efficient way for you to set aside money for when you retire as well as being a tax efficient way for your employer to provide you with employee benefits. In addition to employer contributions you may be able to contribute up to 40% of you income (depending on your age) into your Executive Pension and claim tax relief.
With an Executive Pension both employees and employers can make contributions. The ultimate value of your pension plan will depend on the contributions made over the years and the investment return the funds have achieved in your Executive Pension.
Company directors have substantial funding opportunities and can invest vast sums into their pension in respect of past service, current tax year contributions and, if planned correctly, significant tax free retirement lump sums.
If you wish to arrange for an initial discussion at no cost to you in our boardroom, please get in touch with our office today 01-6012691.