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Preparing for Retirement

  • Bill Packer
  • Colin Sandy

Abstract

Retirement is a long way into the future for David Wiltshire — why should he have to think about it at all? Obviously he cannot go into an occupational pension scheme as described in 4.4.6 as this is open only to employees; but it is possible for those individuals in self-employment or employees not in a pensionable employment to obtain tax relief in respect of premiums paid to secure a retirement annuity provided it is in a form approved by the Inland Revenue. It is also possible to claim relief on premiums paid to obtain an annuity for a widow or other dependent relatives.

Keywords

Pension Fund Pension Scheme Pension Contribution Premium Payment Policy Holder 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Touche Ross & Co. 1985

Authors and Affiliations

  • Bill Packer
    • 1
  • Colin Sandy
    • 1
  1. 1.Touche Ross & CoUK

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