Tax-free saving beyond Isas and pensions

Slashing your tax bill is a vital part of saving for your retirement. And while Isas and Sipps are popular, there are other forms of tax shelters, says Phil Oakley - some more risky than others.

By now you've probably realised that one of the most important factors in ensuring you have a comfortable retirement is to control your costs. That includes tax.

We've already discussed the benefits of the two most common tax shelters individual savings accounts (Isas) and pensions.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.