Lisa Webster: Junior SIPPs – how to pass on pension funds tax free
Starting a pension for a child is a very long-term investment, and probably one only considered by high net worth individuals who have used every available tax wrapper to the max. Given the most that can be paid in for someone with no earnings is £3,600 gross a year, it’s important that any pension started is low-cost or the tax benefits can quickly be wiped out.
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Last modified on Tuesday, 19 November 2019 14:40
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