by Town Close Financial Planning | May 20, 2018 | Pension & Retirement News
The tapered annual allowance is a HMRC classic. You start with a relatively simple concept – limit pension contribution tax relief for higher earners, quite why is a story for another day. You then complicate it beyond belief by having two different income... by Town Close Financial Planning | Mar 26, 2018 | Pension & Retirement News
You’ve lived a full and rewarding life, settled down, had a family, and are now reaping the benefits of working hard and investing in your future. But has the world got smaller since back when you first began to make your mark? Now, through using social media on your... by Town Close Financial Planning | Jan 15, 2018 | Savings News
We come across a fair few people that haven’t upped their savings levels in years. It’s the easiest thing to do and those extra £5 and £10 pm month do make a real difference. Not so long ago, a couple we worked with found an additional £1,500 pm they could... by Town Close Financial Planning | Dec 22, 2017 | Pension & Retirement News
Auto-enrolment (AE) has been a great thing. Millions of works who would have been solely reliant on the State Pension (and maybe benefits) now won’t be. This must be one of the biggest presents to future generations of all time. It took some time to get here.... by Town Close Financial Planning | Sep 19, 2017 | Pension & Retirement News, Tax News
The total tax paid by those exceeding their lifetime pension allowance amounted to £36 million in 2014/15, climbing steeply from £20 million in 2014/15 and equating to an 80% rise. The figure has climbed in recent years from £12 million in 2012/13 to £19 million in...