Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

'Byzantine' tax-relief rules; more pain for NS&I savers; and 'landmark' Lloyds pension scheme ruling - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Pension savers caught out by ‘byzantine' tax-relief rules   High-earning pension savers are racking up big tax bills after accidentally putting too much money into their retirement pots because of "byzantine" rules, reports this Sunday Times article. According to the paper, as many as "several individuals" earning above £150,000 have unwittingly "smashed the limit" on their annual allowance - and the piece goes on to suggest there are concerns the £40,000 ceiling will be cut in tomorrow's Budget in a further effort to save the government money. "This may be a particular issue for se...

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

Why human connection remains central in a digitally enabled advice sector

Why human connection remains central in a digitally enabled advice sector

'It is clear that the sector is moving through a significant period of transformation'

Tim Riseborough
clock 17 December 2025 • 3 min read
Why advisers shouldn't rush into private markets

Why advisers shouldn't rush into private markets

'There's only so long the hamster wheel can keep turning'

Justin Cash
clock 15 December 2025 • 4 min read
Adviser workload set to rocket ahead of IHT on pensions changes

Adviser workload set to rocket ahead of IHT on pensions changes

Large volumes of clients will need reviews of financial plans

Isabel Baxter
clock 15 December 2025 • 3 min read