Link Administration Holdings Limited completes its purchase of the Capita Asset Services division of Capita plc.
Philip manages his retirement income to minimise tax
Philip has a pension fund of £120,000. He wants the flexibility to manage his retirement income so that he doesn't start paying higher rate income tax. He sets up LFS's Income Drawdown Plan that allows him to choose a certain level of income. If he needs to, he can top up his income by taking ad-hoc payments. His financial adviser monitors his investment funds to make sure they're on track to continue providing an income for the future.
This example is for illustration only. It should not be taken as advice.