The Institute of Directors (IoD) has called on the government to allow people to withdraw an additional 10% of their pension tax-free to be used as an investment in a start-up company.
The IoD said the government should allow a theoretical cap of £100,000, or 10% of the pension pot, to be withdrawn in addition to the 25% tax-free allowance currently available under pension freedoms....
Emphasises the importance of advisers
From 6 April 2020
Following M&G suspension
No change in the 'near term'
UK goes to the polls on 12 December
Over the course of this week Professional Adviser has revealed the majority of the shortlists for our 2020 PA Awards, the winners of which will be announced at a black-tie dinner in February.
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