Concession allows 'super earners' to double SIPP allowance

Savers can invest up to £460,000 by using input periods to put next tax year’s maximum investment into their SIPP with this year’s. Input periods usually cover one year, beginning on the date the investor makes an initial payment into their SIPP and ending 12 months later. However, investors can end the input period early if they reach the maximum annual allowance (AA) for that input period within that time. If this is the case, and the end date falls before the end of the tax year in which the investor made the initial payment, a new input period can begin. The investor can then ma...