Do the changes to the UK pension laws effect you? (Bordeaux)
The UK pension reforms that were due in April Protected content now in force. For many British people that are now living in France, it may pose the question "How do these changes in UK Pensions Legislation effect me"?
The new legislation that came into effect as of April Protected content heralded the most significant changes ever to the way we can utilise our retirement funds. Old, restrictive practices have been swept away and replaced with a new consumer freedom that allows you to control how much and when you access your accrued pension fund(s).
People that live in France can benefit from their pensions in a number of ways and one of the most significant changes for residents of France is now that they can take 100% of their pension, should they wish and pay just 7.5% tax.
If you would like information, from a qualified adviser, on how you may be able to benefit from the new UK pension law reform, please contact me.