Making the most of your capital, and limiting inheritance tax, could mean contributing to someone else's pension scheme.
The tax-free nature of pension contributions has made the idea of putting your hard earned money away for the next few decades a lot more palatable. In fact, tax relief is viewed by many as the most important factor that attracts people to pension saving. Pension bodies have strongly lobbied for it to be left alone by successive governments, with varying degrees of success. And while it was, in the main, left alone by the chancellor in this year’s budget, poll after poll highlights the savings and pensions gap in this country is growing. A possible solution Prudential head of techn...
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