Clare Moffat: Get ahead of the game with a pension savings statement

Pension input amount

clock • 5 min read

The annual allowance is a complex part of pensions advice but, explains Clare Moffat, a client's  pension savings statement (PSS) can be the key to successful forward planning

Many advisers will be breathing a sigh of relief now the tax year-end has passed. After all, a large part of an adviser's role in the run-up to 5 April each year can involve working out what, if any, additional pension contributions their clients can make. This often complex and time-consuming calculation can be made much easier by requesting the correct information earlier in the tax year and a client's  pension savings statement (PSS) can be the key to successful forward planning. A PSS is the document that must be provided by a pension scheme to its members when their pension input...

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