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Retirement Annuity Contracts

  
If your pension comes from a pension plan set up before July 1988 it's called a 'retirement annuity'.
 
After July 1988 retirement annuities were replaced with personal pensions, but those started before that date can carry on until the person retires.
 
If you wish to discuss the above further or require information on any of our services, then please contact us. 
 
Any reference to legislation and tax is based on FPP’s understanding of UK law and HMRC practice. These may be subject to change in the future. Tax rates and reliefs will also change and their value to you will depend on your individual circumstances. No guarantees are given regarding the effectiveness of any of the above strategies.