Defensive vehicles after the budget

Changes announced in both the Pre-Budget report and in the recent Budget highlight the need to review existing long-term savings strategies to ensure all clients are taking advantage of tax-efficient financial planning. Following changes announced by the Chancellor, advisers should consider the potential impact on clients and the measures that can be taken for clients who have been affected. In the Pre Budget report the chancellor announced the freezing of the lifetime allowance so that it and the annual allowance applicable for the 2010/11 tax year will remain unchanged until the end of ...