This session is the second in a two-part series and builds on the
Teachers’ Pension Scheme for Beginners webinar.
The session will explore some of the flexibilities in the Teachers’ Pension Scheme and how participants of the scheme may be able to maximise their benefits. It looks at the thorny issues of Lifetime Allowance and Annual Allowance Tax Charges and whether participants can address these, as well as what the future may hold.
Regardless of when they plan to retire, there are actions that participants in the Teachers’ Pension Scheme can do now to maximise their benefits. However, most colleagues are so busy running their school, college or trust (especially at the present time) that looking after themselves and their future security ends up low down on the list of priorities.
Many colleagues won’t explore what their benefits are until they receive a surprise letter about the Annual Allowance, or they exceed the Lifetime Allowance and need to seek advice.
This session will explore these issues and explain the options. The webinar will also look ahead at some possible flexibilities that may be of considerable benefit.