Legislation introduced on 6 April 2006, a date known as “A Day” significantly enhanced the flexibility of pension plans and how individuals could use those plans to invest in a range of assets.
The scope of pensions is far greater than most people realise and the rules/guidelines allow for some dramatic possibilities.
In particular we believe that many individuals may not be aware how significantly they can use their pensions to “self invest” and how they might use their pensions to help with their businesses requirements.
In the current market with the economy in freefall, bank funding non-existent and with many investments flattened by asset price falls we believe many people may look to their pension to help supplement their businesses requirements.
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