Cler Med issues currency guide

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CLERICAL Medical has published a guide for intermediaries to help them identify how clients can benefit from concurrency rules introduced on A-Day.

Following changes brought in last April, anyone in employment can invest up to 100pc of their taxable earnings into a pension plan and claim tax relief. Research by Clerical Medical found there is the potential for the total amount of tax relief to be claimed by members to be up to £46bn extra each year. The new guide, part of a series of post-A-Day advice packs pro- duced by Clerical Med ical, includes information on top-up options and an advice considerations checklist. According to Martyn Nether- cott, channel manager, A-Day created good opportunities for top up options on pension sch...

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