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Corporate Pension Planning

For the entrepreneurial company director or self-employed owner manager, Pannone Financial Services can provide advice on setting up small pension schemes to not only fund their own individual pension pot, but to also provide a flexible and tax efficient tool to assist in achieving business economic success.

Employer contributions to the scheme will reduce taxable profits and the funds within the scheme may be used in a variety of ways to assist the business. These include the ability to invest in the company via secured loans, or hold company shares. The scheme may also purchase the company premises to lease back to the company in order for the property to be held in a tax free environment (the rent paid to the scheme will further reduce taxable profits for the company). As the pension scheme can also borrow additional funds this can help provide further liquidity for the company.

With good planning advice the innovative entrepreneur can make the scheme work for their business by saving tax and providing additional finance, whilst building up a substantial pension fund to benefit them and their family in retirement.

At Pannone, we not only have extensive experience of undertaking corporate pension planning but also have the advantage of working alongside corporate and commercial property lawyers which can assist in property purchase within the scheme. We also have links to pension lawyers within the Connect2Law scheme which can assist in setting up appropriate and, if necessary, bespoke schemes.

Our financial advisers can also provide advice on other areas of corporate pension planning including:

  • Helping larger employers ensure they meet their obligations under UK law in providing Stakeholder or Group Personal Pension Schemes to their employees. These can act as a legitimate business expense as well as a powerful recruitment tool
  • Salary sacrifice arrangements where employees give up taxed salary in lieu of employer pension contributions that reduce taxable profits and employer National Insurance costs. These savings can then be shared between employer and employee

Call 0844 980 1438 now for a consultation with a Financial Services Advisor at Pannone LLP. We are available to take your call twenty four hours a day, seven days a week.