News

< all news
7 April 2011

Retirement Annuities

At the start of the new tax year on 6 April 2011, the government scrapped the requirement to buy an annuity at age 75 and introduced two alternatives, capped or flexible drawdown, to replace unsecured pension and alternatively secured pension. The key benefits of the new options are control over your pension assets, the ability to defer income tax liability on pension benefits and the chance to pass on your residual fund to beneficiaries now or in future. Whether you’re about to retire or have a few years to go, take professional advice today on what route is best for you to make sure you remain on track to achieve your goals.

Sign-up for our Carbon Catch-Up Newsletter

Signup

Sign-up for our Carbon Catch-Up Newsletter.

* indicates required

Carbon Financial will use the information you provide on this form to keep in touch with you and to provide updates and marketing. Please indicate below that you are happy to receive our updates in the future:

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at alison.whyte@carbonfinancial.co.uk. We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

Contact us today...

We have offices in Edinburgh, Glasgow, Aberdeen, Perth and London. You can contact us at any of our offices, or by email.

Chartered Standard Corp FP

Carbon Financial Partners Limited is authorised and regulated by the Financial Conduct Authority. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

The Financial Conduct Authority does not regulate some forms of tax advice.
Registered in Scotland #SC386400.
Registered Office: 61 Manor Place, Edinburgh EH3 7EG, Scotland.
© Carbon Financial Partners 2023
www.financial-ombudsman.org.uk

Client Account | Personal Finance Portal | Privacy Notice | Cookies