The inevitable pre-budget speculation on pensions

aroominyork

Thanks for your 'thanks' on my 2.22pm post, @RogerPensionGuy, but please do comment. I'm sure you can throw extra light on this!

RogerPensionGuy

aroominyork said:

Thanks for your 'thanks' on my 2.22pm post, @RogerPensionGuy, but please do comment. I'm sure you can throw extra light on this!

Looks like plenty of options and different cash flows and possibilities etc. 

Reference IHT, I'm not much interested to a lesser extent and with moving goalposts I'm glad I'm not much interested. 

I have a always tried not being  influenced by the tax tail wagging the dog to an extent.

Age 75 cliff edge, owning a house or not ref IHT & NRB etc etc us just too many obstacles. 

I've often read comfort people have many & various cash flows to use and this allows nice choices. 

So I'm just looking at a few simple easy to manage cash flows at plus 60 years old. 

Defined Pension, SIPP, State Pension, Annuities(2 or 3) Premium Bonds, Gilts, ISAs, a simple GIA(possibly just Inc units) and a chunk of liquid cash in a mini cash ISA.

Not being concerned about IHT has made my choices more simple, I was going to keep the SIPP as a long term storage pot for IHT housekeeping, but that is soon history and I'm venting SIPP accordingly.