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19th March , 2014 by RetireEasy

Osborne Announces Massive Overhaul Of retirement Options

George Osborne today announced potentially far-reaching changes in retirement planning and funding effective from next April.  Central to the new regime is the ability to withdraw the whole of a pension fund as a single lump sum or as a series of lump sums over a period of time.  25% of the pension fund can be received free of any tax with the balance added to your income in the year of withdrawal to calculate the appropriate rate of tax. Consultation has begun to shape the new legislation and regulation and we will keep you up to date with developments going forward.


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RetireEasy is the UK’s only independent retirement planning tool. LifePlan gives you an overview of all of your assets – including investments, pensions, savings, business assets and properties – and the income you will receive after liabilities such as debts, mortgages and income tax. It is not just a snapshot, but shows you how your finances will evolve throughout your retirement.

With Premium LifePlan you can model a Lifetime Mortgage, create and compare up to 10 scenarios of your financial future, radically reduce life insurance costs through a Life Assurance Premium Checker and you can print user-friendly narrative reports.

RetireEasy was established in 2011 and has helped thousands of users to understand their finances throughout retirement and adjust their plans to ensure that their money will last.

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