'Risk-Free' Savings Over The Next 10 Years

AlanP_2

username12345678 wrote: »

She's a basic rate taxpayer with a CS pension.


Are you thinking of opening an additional SIPP for her?

Why not if you are hitting LTA issues?

Even as a BR taxpayer she would benefit from the 25% TFLS when you accessed it and it could be used to delay taking the CS benefits and avoiding the reduction involved if accessed early (assume it is a DB as opposed to a DC scheme).

Trust & confidence needed that you will stay together possibly but even if the worst came to the worst assets would be disposed equitably anyway.

kidmugsy

Gold sovereigns, Jim lad.

username12345678

AlanP wrote: »

Why not if you are hitting LTA issues?

Even as a BR taxpayer she would benefit from the 25% TFLS when you accessed it and it could be used to delay taking the CS benefits and avoiding the reduction involved if accessed early (assume it is a DB as opposed to a DC scheme).

Trust & confidence needed that you will stay together possibly but even if the worst came to the worst assets would be disposed equitably anyway.

(Un)fortunately she's 5 years younger than me so by the time she could start to draw it down i'd be 62.

username12345678

stoozie1 wrote: »

What do you hold in your SIPP?

It's a combination of funds chosen by the DWM and guidaed by the Wealth Management Assc suggested medium risk portfolio.


Funds:


3 x UK Large Cap
3 x Global Bonds
3 x US Large Cap
2 x UK Eq Inc
Infrastructure
Alt Long/Short Eq
UK Small Cap
Global Large Cap
India
Europe Large Cap
Japan
Asia
Property - Europe