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Pensions – time to talk transition and tax relief

One announcement in the Summer Budget has an immediate impact for individuals and their pension savings in 2015/16. The aim of the change is to ensure that the new tax relief restrictions on high income individuals can be timely and effectively implemented for 2016/17 and onwards. The change to facilitate this is the alignment of ‘pension input periods’ with the tax year and transitional rules are needed to effect this change. Read more

Don’t forget about AIA!

There was a lot of publicity not that long ago about the massive increase in the AIA. However, as we know, the increases are not always that straightforward.

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