Something to keep in mind
As you’re planning for the future, you may be thinking about what you want to do with your pension. As you’re doing this, it’s good to consider the tax implications of how much you’re building – and how much you’re going to be taking out.
You may also want to see whether there’s anything you can start doing to manage your tax liability, particularly if you’re a high earner.
Take a look at the various taxes associated with your pension below and some options we offer which could help you manage them.
You can also watch our short video for an overview of pension tax, how you benefit from it and its limits.