Fidelity International head of pensions policy Richard Parkin talks to Professional Adviser editor Julian Marr about the opportunities this upcoming new tax year in particular brings for advisers.
In this short video, Parkin discusses the array of new government initiatives that are slated to come in from 6 April this year, including the Lifetime ISA, the impact or otherwise of the Pension Advice Allowance and the proposed reduction in the Money Purchase Annual Allowance, which he previously considered in more detail in this interview.
Parkin also offers his thoughts on what he expects could prove a quiet Budget on Wednedsay and highlights some last-minute actions advisers still have time to implement on behalf of their clients before the current tax year ends.
Last month, FundsNetwork produced a video guide for advisers to help with pension and tax matters ahead of the end of the tax year. It features FundsNetwork tax and tust planning head Paul Kennedy and national pension sales manager Paul Squirrell, offering a step-by-step guide for navigating a range of allowances, pension contribution and carry-forward rules.
Professional Adviser has again teamed up with Cofunds, the UK's largest platform, and experts from Technical Connection for a special ‘morning after' webinar to discuss whatever changes the 8 March Budget may bring and how they could affect advisers and their clients. You can register here now and then tune in on Thursday 9 March at 11am.
Analysing ‘noise’ largely pointless
For advisers and clients
Responds to FCA study
Performance and fees two sides of same coin
‘Auto-drawdown' and ‘auto-annuitisation'