Abstract

Retirement is a long way into the future for David Wiltshire — why should he have to think about it at all? Obviously he cannot go into an occupational pension scheme as described in 4.4.6 as this is open only to employees; but it is possible for those individuals in self-employment or employees not in a pensionable employment to obtain tax relief in respect of premiums paid to secure a retirement annuity provided it is in a form approved by the Inland Revenue. It is also possible to claim relief on premiums paid to obtain an annuity for a widow or other dependent relatives.KeywordsPension FundPension SchemePension ContributionPremium PaymentPolicy HolderThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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