Advisers expect rise in pension contributions

A third predicts no change and just 3% expect a decrease, the study found. The outlook follows an increase in pension contributions since A-Day. A total of 40% have seen an increase in clients’ pension contributions since April 2006 while 55% saw no change and just 2% reported a decrease. However, 65% say three quarters of their clients only pay up to 10% of their earnings into their pension each year, although the A-Day rules mean everyone can fund up to 100% of their earnings up to the annual allowance of £225,000 for this tax year. Skandia also highlights advisers have just 51 worki...