A Pension Trust is a legal arrangement that protects your pension benefits so they can be passed on to your loved ones in a controlled and tax-efficient way.
It allows you to decide who benefits from your pension after you’re gone, while giving Trustees the responsibility of managing how and when those funds are distributed.
You and your employer pay into the Pension Trust, with the aim of growing your pension pot over time through investments.
The Trustees manage how the Pension Trust is invested, aiming to grow the fund while balancing risk and return, always acting in your best interests.
When you retire, the Pension Trust pays your benefits — this could be a lump sum, regular income, or a mix of both depending on the scheme’s rules.
Contributions often receive tax relief, and the fund grows tax-efficiently, helping you build more for retirement.
You can join a Pension Trust through your employer if they offer one. You can also set one up through financial institutions like Joslin Rhodes as part of a Private Pension Plan.
All you need to do is get in touch for a free one-to-one meeting. Our expert Financial Planner will discuss your circumstances and, if a Pension Trust is appropriate, outline all costs and next steps.
Investment returns can fluctuate, but Trustees work to manage risk and protect the fund.
Tax might not be thrilling but getting it right can make a huge difference to your lifestyle in retirement.
Most people don’t realise how much tax they’ll pay after they stop working – or how easy it is to reduce it with a little planning.
Our new guide breaks it all down in plain English, so you can find out how to keep more of your hard-earned money and avoid common mistakes.
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