Should I use a Pension or an ISA? | Planning for Retirement UK скачать в хорошем качестве

Should I use a Pension or an ISA? | Planning for Retirement UK

Clearly, there are quite a few similarities between Pensions and ISAs, so how do you decide which option is best for you and your circumstances? ISAs are generally seen as something to hold for the medium-term, as you can access them whenever you like. For an Invested ISA, it is always recommended that you keep them in place for a minimum of 5 years, to factor in potential investment volatility. Pensions are ideal if you don’t need access to the money before you turn 55, with the main advantage being that you get tax relief on the payments you make into it, which you don’t with an ISA. Chapters 00:00 - Introduction 00:21 - Types of ISA 01:25 - Benefits of an ISA 02:24 - Benefits of a Pension 03:37 - Which options works for you? Keep in touch with us: Website: www.wealthofadvice.co.uk Facebook:   / wealthofadvice   Twitter:   / wealthofadvice   LinkedIn:   / wealthofadvice   Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. The content of this video is for educational purposes only, and should not be taken as personal advice. If you are approaching retirement or looking to invest but you aren't sure where to start or what your options are, please seek financial advice. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested.