Pursued by a bear
Partners must take extreme care when deferring pension benefits to ensure that a restrictive contract is not entered into without prior knowledge. Ken Stewart looks at the alternatives for lawyers looking to step down from partnership
It is true to say that in recent times pensions have not been the most popular topic of conversation at dinner parties. In fact, many individuals have chosen to turn their backs on the traditional method of saving for retirement, preferring instead to rely on the value of their property or even purchasing a second property on a buy-to-let basis – a strategy that has been extremely successful over the past two to three years.
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