Tax Free Annuity on Death Before Age 75 - Evens Up The Field When Comparing Flexible Pension Drawdown - what the autumn budget statement really means for you... ( read more )
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The Autumn Statement, released in December 2014, brought with it some exciting news for married couples and those in civil partnerships. In a bid to help couples save more for their retirement, the government is introducing a new tax-free spouse pension annuity. The tax-free spouse pension annuity will allow married couples to transfer their pension savings from one partner to the other, free from any tax liability. This will allow couples to share their pension savings more equally, and benefit from the tax-free status of the transferred funds. The government has also announced a number of other measures to help
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