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Are Pensions worth it anymore?

👉🏻 Looking for help with Financial Planning? I am a Chartered Wealth Manager and Partner in a financial planning practice based in the UK. If you would like to find out more about working with us, please follow this link: https://go.novawm.com/getintouch Risk Warnings & Disclaimers Capital at risk. Prevailing tax rates and reliefs are dependent on your individual circumstances and are subject to change. We do not provide tax advice. Any examples used in the video are for illustrative purposes only and you may get less back than the figures shown. This video does not constitute personal advice. We do not take any responsibility for third party websites and content we may link to from this video. Issued on behalf of Nova. Nova is a trading name of Nova Wealth Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 778951) and is a limited company registered in England & Wales (10739796). James Shack™ property of James Shackell Copyright © James Shackell 2024. All rights reserved. The author asserts their moral right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this channel and any video published on it. 00:00 Intro 00:52 What is changing at a high level 03:16 This will affect more people than you think 05:03 Changes in more detail 06:00 Are the changes here to stay? 07:27 Pension vs ISA for retirement 11:52 Pension vs ISA for IHT 13:03 DON’T SKIP THIS BIT 14:04 When should I STOP paying into a pension? 17:19 Why retirement planning has got a lot more complicated 18:12 Should I change the way I draw from my pension in retirement?