Golden Tail Retirement — Frequently Asked Squeaks

A cash-savings storyline for longer afternoons and fewer committee meetings. Despite the name, this is not a pension, investment portfolio or retirement-income promise. There is no tax relief or annuity in the model. Its story purpose is a cash reserve for a slower pace of life. Everything on this site is fictional; nothing can be applied for.

3.90% AER / gross p.a. (variable), gross, before tax. It can change, because the rate is variable; projections hold it constant only for arithmetic.

Unlimited withdrawals; annual interest remains in the pot unless removed.

Opening / maximum balance: £500.00 to £100,000.00.

No account fee in the model. The only cost is patience: money locked away cannot be spent.

Yes. The three fictional investment products hold a made-up fund whose value moves every day, so the pages show low, mid and high growth scenarios after charges rather than a promise. The value can end below the amount paid in.

They hold the same fictional fund; the wrapper differs. The general account has no allowance and no relief. The stocks and shares ISA caps new money at a demo £20,000 a year and applies no tax to growth. The SIPP adds demo tax relief but locks the pot until age 57.

A total annual charge of 0.45% on the account and the ISA and 0.50% on the SIPP, modelled as a deduction from growth. Each product page shows what a 1.00% charge would cost instead.

Every £80 paid in becomes £100 with demo basic-rate relief. Higher-rate relief, employer contributions and allowance tapers are not modelled.

No. It is a cash savings pot with a variable rate that sits in the investments range because of its purpose. It has no growth scenarios and its value cannot fall.