Three things your clients may call you about this week ...

What made financial headlines over the weekend?

clock • 4 min read

Here's our weekly heads-up on the stories that may have caught your clients' attention over the weekend ...

Wave goodbye to the pension taper, Phillip This Sunday Times article says it has assembled a formidable alliance of two former pensions ministers and "15 of Britain biggest financial firms" as it seeks to persuade new Chancellor Philip Hammond to use his first autumn statement next month to scrap the annual allowance taper, which "could hit those with total income - not just salary - above £110,000". Introduced in April, the taper means the amount savers can pay into a pension - currently £40,000 a year - is reduced on a sliding scale depending on their total income, reaching just £10,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Andrew Tully: Immediate priorities for advisers following 'mixed picture' Budget

Andrew Tully: Immediate priorities for advisers following 'mixed picture' Budget

'Taken together, the Budget measures reinforce the importance of financial planning'

Andrew Tully
clock 29 October 2026 • 4 min read
Budget 26: Initial relief from advisers turns to 'irritation at the detail'

Budget 26: Initial relief from advisers turns to 'irritation at the detail'

Tax rises ‘aimed at thrift and capital’

Sophia Panayi
clock 29 October 2026 • 4 min read
Budget 26: Savings income tax rate to rise to 44% for higher earners

Budget 26: Savings income tax rate to rise to 44% for higher earners

From April 2027

clock 29 October 2026 • 2 min read