Financial education in the workplace could help members to gain double tax relief on their occupational pensions, claims JPMorgan Invest.
Speaking at the National Association of Pensions Funds (NAPF) Annual Conference, David Cassidy, chief executive of JPMorgan Invest, says since A-Day the rule of concurrency allows people to join up their pension planning and if they have access to the right information could benefit from more tax relief. He says the government is currently offering the most attractive set of tax relief incentives for pensions in living memory, but they are being under utilised through a lack of understanding, a lack of joined up planning and a lack of financial education. Cassidy points out since A-Day ...
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