Retirement planning for company directors - Everything you need to know
In our experience, company directors will often prioritise the growth of their business in their earlier years of work and only later focus on retirement planning when their business is established and has excess profits above the day-to-day running costs.
Good business planning involves preparing for the future, and one of the most effective ways to ensure long-term financial security is through pension funding. For Small Medium Enterprise (SME) owners, investing in a pension plan offers numerous advantages that go beyond immediate financial gains.
There are two pension arrangements under which this pension funding can take place. They have the option to fund under either an Executive Pension in a Master Trust or a PRSA.
We have a suite of literature created, including a simple two pager, an FAQ and a detailed example of Max Funding.
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