'I want to leave as much of my £300k pension as possible to my children

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'I want to leave as much of my £300k pension as possible to my children
United Kingdom Latest News,United Kingdom Headlines
  • 📰 i newspaper
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A reader is turning 70 soon, and wants guidance on how they can help their children using their pension

Let’s now turn to the specifics of your question. A ‘natural yield’ investment strategy involves attempting to live off the income your underlying assets deliver each year, while leaving your underlying capital untouched. This can be an ideal way to preserve capital for your beneficiaries after death. As you are living just off the income your investments produce, sustainability shouldn’t be an issue.

As always when you’re investing, make sure you only take risks you are comfortable with, aim for a diversified portfolio so you don’t have all your eggs in one basket, and keep your costs as low as possible.free of inheritance tax

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