Asia Pacific Pension Group – APPG
APPG is a premier, fully independent pension advisor.
Dedicated to providing Private Clients, Professionals, Financial Institutions, Wealth Managers and Intermediaries with a wide range of information and advice in relation to international pension products, and select Investment and Financial products.
Working through our network of Private Banks, Solicitors, Accountants, Wealth Managers and Independent Financial Advisers we seek to offer bespoke solutions for professional distributors as well as private, corporate, and institutional investors.
Our goal is to fulfil targeted objectives, providing a tailored service to private clients through selecting best of breed independent pension solutions and engaging Discretionary Asset Management and Investment Companies.
Pension Simplification in the U.K.
On 6th April 2006, radical changes were made to all pension plans.
There is now one set of tax rules for all types of pensions, with an individual Lifetime Allowance (1.05 million – 2019/2020) and an individual Annual Allowance (HK$60,000 – 2019/2020) and these limits are to be increased each year. All individuals are able to fund up to these new attractive limits which offer greater flexibility in the size and timing of their contributions. Schemes already in existence before 2019/2020 will need to update their rules to allow for these new changes.
While there is no limit on the amount that you can save in a pension scheme, there are limits on the amount of tax relief.
For your worldwide pension needs, please contact APPG at [email protected].