QNUPs is often used by individuals who need additional retirement provisions. Individuals can contribute a reasonable amount to provide an income in retirement meaning that there is potentially no upper cap or age at which you can contribute.
Subject to local investment rules, dependant upon the jurisdiction holding the QNUPs, the investment rules within a QNUPs are usually very flexible.
If you have maxed out your UK pension contributions and/or have lifetime allowance issues than QNUPs can be a handy planning tool. QNUPs is not included in the lifetime allowance test
100% of a QNUPs can potentially be left to a beneficiary of your choice. Click below to find our more about our inheritance tax planning services and speak to one of our team
For those wishing to have more control over their investment decisions than Adsen Moore's professional investor division can support you.
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