Month: March 2018

The £5.1bn cost of not taking financial advice

Her Majesty’s Revenue and Customs has recently forecast that it will receive an additional £5.1bn in tax by April 2019 as a result of the pension freedoms that were introduced in 2015. These rules allow members of defined contribution (DC) schemes to withdraw as much as they like from their pension savings once they reach

Tax Year-End Checklist

The tax year ends on 5 April 2018, meaning that only a few weeks remain in which individuals can maximise their use of this year’s allowances. An early Easter will wipe out two of the last five working days of the tax year so anyone who wishes to make sure they make the most of