Tax planning opportunities to soar post-April as hesitant retirees make income choice - Zurich

Jenna Towler
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Maximising retirees' tax positions will become all-important post-pension freedoms, giving advisers huge on-platform planning opportunities, Zurich's Alistair Wilson has said.

Wilson, head of retail platform strategy, said many retirees had so far put off making a decision on retirement income and were waiting for April's rule changes to kick-in. He said: "There will be a lot of people making these decisions who have been putting them off. I am not sure there will be a surge [in platform inflows] but it will allow people to crystalise their decision." Wilson said there had been a significant drop off in the volume of pension cash flowing into the market since the Budget announcements. "It is possible people have held back while awaiting the legislation t...

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