IFAs must rush to save £215,000 for clients

The company said following the Chancellor’s decision to leave pension input periods as they are, advisers could align the periods for their clients to maximise their pension funding for both this year and the next. However, Skandia encouraged advisers to move quickly as the cut off point is April 6. Colin Jelley, head of tax and financial planning at Skandia, said: “For people planning on making significant contributions, a lack of action could severely limit the opportunity to fund their pension.” Advisers can maximise their clients’ tax allowance by contacting their product providers a...