Pension Income Options for Personal Pension Schemes – PCLS vs UFPLS

You will spend your working years building up your pension for when you retire. In addition to the auto enrolment scheme you are automatically enrolled in by your employer, you may also save into a personal pension.

Personal pensions are defined contribution pensions and there are specific rules about how you can take this pension when you get to retirement that I discuss in this video.

Here are links to other videos that may be helpful for you:

Minimum pension age will increase to 58:    • The minimum pension age will definitely in...  

How to plan ahead and minimise tax on your future income:    • How to plan ahead to minimise tax on your ...  

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