Defined Benefit (or Final Salary) Pensions pay a pre defined inflation linked amount
Defined Contribution Schemes, whether employer or privately funded, will provide benefits determined by the value of the plan at retirement
Similar scheme particulars to defined contribution scheme a SIPP allows individuals wider and more flexible investment choice
Often based in British overseas territories, IPPs were schemes that catered towards non-domiciled individuals that had UK exposure. Retirement age and taxation will depend heavily upon residency and scheme set up.
Similar to a SIPP in regards to investment opportunities a ROPs sits outside of the UK which can give rise to advantageous tax planning.
A QNUPs can have contributions that are not elible for UK tax relief added. Individuals are allowed to contribute any amount that will be used as an income in retirment
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Investment returns are not guaranteed and can go down as well as up.