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Our highly experienced and qualified
pension advisers are ready to assist you with questions
regarding your FSAVC pension plan, feel free to call
them without obligation and ask questions, we are only
too willing to help! we also provide a FREE no obligation
FSAVC pension review service, designed to keep you updated
on how well your pension investment is performing, whether
the charges are too high and what you can do to make
things better (if necessary), just call Sam Lang our
head of pensions in 0845 130 0009 for more information.
What is an FSAVC pension?
As
(AVC) but paid to a separate provider, unrelated to
the company pension scheme.
We are able to provide products and advice on a wide
range of pension plans to businesses and individuals,
for more information click onto the menu below.
The Basics - What is a
pension?
A way to accumulate savings for retirement. Premiums
into a pension fund receive tax relief, capital gains
and income roll up tax free within the fund, and a proportion
of the eventual payout (when the investor reaches the
age of 50 or retirement) can be taken tax free. The
remainder must be used to buy an annuity to provide
income for the rest of the investor's life. Many employers
run pension schemes for their employees, but those who
are not eligible or who are self-employed can buy personal
pensions from insurance companies.
How
does a personal pension differ from an employer pension
scheme?
When you are in an employer's scheme (sometimes also
known as a company, occupational or superannuation scheme)
your contributions to the scheme are usually taken automatically
from your pay and your employer makes a contribution
as well. Some employers have schemes where they pay
all the contributions and the employees pay nothing.When
you have a personal pension scheme, you arrange with
a pension company (a life assurance company or investment
firm) to take out your own individual policy. Your employer
does not normally make any contributions direct to your
personal pension.
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Great British Finance
Limited are authorised and regulated by the
Financial Services Authority (FSA). The FSA
does not regulate some forms of Mortgage, Inheritance
Tax Planning, Credit Cards, Personal Loans,
Deposit Accounts & Insurance. If you are
submitting an online request, we would advise
to read our KeyFacts statement, links are at
the top and bottom of this page. |
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Questions? support@finanz.co.uk
Phone: (+0044) 0845 130 0009 Fax: (+0044) 0845 370 0021
©2003-2006 Great British
Finance Limited, E&OE. All Rights Reserved.
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