Autumn 2021 Budget Summary

The Chancellor announced lifetime allowance (LTA) limits for pensions savings will be frozen at £1,073,100 until 5 April 2025. There was no change announced for the annual allowance (AA) rules which means the standard AA remains at £40,000, the Tapered AA between £4,000 and £40,000 and the Money Purchase AA at £4,000. Corporation tax, the…

Minimum Pension Age Changes

As Independent Financial Advisers, we are constantly reviewing the shifting issues that affect your financial planning needs. One of the most significant matters that has been on the horizon for some time is the change in the minimum pension age. The government has announced that it is to undertake a review on raising the normal…