Executive Pension Plan Advisers in Milton Keynes, Bucks

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From our offices in Milton Keynes, our experienced advisers believe in creating pension strategies that resonate with your aspirations, not limitations. An Executive Pension Plan offers our clients many possibilities in retirement. They allow greater control over investments, tax advantages, and flexibility to shape your ideal retirement. Our pension advisers will offer guidance that allows you the freedom to tailor your investments, prioritise growth or income, and build a secure financial pension fund for your golden years. We are on hand to help you navigate the intricacies of EPPs with confidence, paving the way for a retirement that genuinely meets your needs.

Director / Executive Pension Plan (EPP)

Executive Pension Plans (EPP) are tax-efficient savings plans set up by the company for key employees. The employer (and sometimes the employee) pays into the plan, to build a tax-efficient fund, which is used at retirement to provide tax free cash and a pension income. In effect, EPPs are money purchase occupational pension schemes and operate for the most part like any other pension scheme.

EPPs are normally established by company directors or other valued employees for their own benefit, though, only the favoured can expect to be given the levels of investment that these schemes offer.

From an employer’s perspective, an EPP can form the core of a benefits package to attract, motivate and reward key executives. Additionally, there are financial benefits as contributions are allowable business expenses and can be set against taxable profits. Furthermore, there is no NIC liability and so extra pension contributions into an EPP can be made instead of salary increases.

The pension fund is set up under trust, with the trustees responsible for the trust’s day-to-day administration, such as ensuring contributions are paid regularly and benefits are paid out promptly.

For the individual, there is flexibility of retirement, allowing the person to retire early and hand over to others (although benefits can only be taken from age of 57) or to work well past the company’s normal retirement date.

We'll help you craft a pension portfolio that reflects your risk tolerance and retirement aspirations, venturing beyond traditional assets to access a broader landscape. From setup to ongoing management, our support never wavers. We will offer proactive guidance, monitor performance, adjust your EPP, and ensure it remains a powerful tool for your future financial security.