When an annuity might be right to fund your retirement

One of the biggest changes introduced with pension freedoms in 2015 was the change to the taxation of defined contribution pension death benefits.

In this video I will explain the difference in how pension death benefits are taxed if you die before, or after age 75, and what this means for your lifetime allowance.

Other videos you might like:

How much do I need for a comfortable retirement? :    • How much money do I need  for a comfo...   The Pensions Playlist:    • Pensions  

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Thanks for checking out my You Tube channel - I’m Justin King and my aim is to help people to live successful lives. That often involves understanding your money.

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If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, or work out how best to pay for a loved one’s care, I may be able to help you.

As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete confidence. www.mfpwealthmanagement.co.uk

To explore whether I could help you, get in touch at https://www.mfpwealthmanagement.co.uk. Get my weekly newsletter: https://bit.ly/MFPnews Check out my podcast: https://www.theretirementcafe.co.uk/

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This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!