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7 Reasons To Top Up Your Pension

  • Writer: 7 Financial Planning
    7 Financial Planning
  • Feb 16, 2024
  • 1 min read

Tax relief

Tax deductible as a business expense or a top up from the Government up to your marginal rate! For example, for every £100pm you wish to put in, this would only cost you £80.


Investment Growth 

Funds inside a pension grow tax-free.


Invest in your favourite companies

Invest in the big companies we know, love and use every day – Google, Amazon, Microsoft.


Boost your retirement security

Topping up gives you more funds to rely on and provide an income in retirement. Taking the pressure of relying on the State Pension.


Your pension is an investment

We all know that a well-diversified portfolio (favouring equities) will outgrow money kept in the bank and inflation over the long term – give yourself this advantage of your money working harder for you. 


Retire earlier

Access at age 55/57 – have money available to access well before your State Pension.


Flexibility and tax benefits at retirement

25% of your money is tax-free when taken out. 

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