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Property investments in self-administered pensions have long been a specialty of ITC, and many of our clients have benefited from the strong yields generated by buying property with their pension funds. The tax benefits of purchasing property through your pension scheme…

Since the implementation of the IORP II Directive, there has been much confusion around purchasing property through pensions. In our latest webinar for advisors, ITC’s Eoin Hassett aimed to bring clarity to this subject by addressing the benefits of using a unit trust.…

A “trust” is a legal arrangement under which trustees hold the assets of the pension scheme in a trust fund for the benefit of the members of the scheme, their dependants and for the main purpose of providing income in retirement.Under trust law and the Pensions Act 1990,…

When our clients decide to drawdown benefits from pre-retirement pension schemes, they will in general have the option to buy a lifetime annuity, effect an Approved Retirement Fund (ARF), or encash all pension benefits after paying marginal rate of tax. These options of course…

In the first of our 2022 webinar series for advisors, ITC’s Eve Nolan discussed Decembers Finance Act and the future roadmap for pensions reform.Topics included:Overview of the Finance Act changes Anticipated upcoming changes Opportunities arisingTo view the…

It is natural for us to shy away from conversations about our own demise, however, it is well worth considering how your pension benefits will be treated after your passing. This will allow you to take any necessary steps now to ensure that your intentions are met. The first…

Since the implementation of IORP II in 2021, rumours had been circulating that the Finance Act would also bring in restrictions that would see an end to the Buy Out Bond (BOB). This fortunately did not occur last year but could still become the case in this or future year’s…

Did you know you can download your scheme report information through the ITC Client Portal and App? Register today and experience the portals simple functionality and convenient access to:Your scheme details Keep track of your pension contributions (in real time) Check…

Did you know ITC Nexus allows our advisors to create and monitor client pension schemes online and sign applications with a click of a button?Its functionality includes:Paperless set-up. No more posting or scanning needed. Ability to monitor application pipeline with…

As you know, a lot of changes are currently taking place in the pension space, and earlier this year we wanted to gauge financial advisors’ views on these recent developments through a quick opinion survey.Topics included:Change in retirement age The effect of IORP II The…