Joe's story
Joe Robertson came to us following the retirement of his previous “pension guy”. He had worked for a large national engineering company for several years but had recently broken ties to establish his own specialist firm, along with a colleague.
The new business became successful and profitable very quickly and, with Joe’s move from a fixed salary to owning a business with variable profits, our planning reviews turned to discussing the options for efficiently and appropriately dealing with Joe’s share.
Working in close collaboration with Joe’s accountant, it was agreed that the business would contribute to Joe’s pension. There were various limits to be aware of and some detailed checks were required – liaising with Joe’s previous employer as well as his personal pension scheme – to ensure there were no unintended consequences.
