The Treasury has clawed back more than £600m from breaches of the annual and lifetime limits on pensions savings, according to estimates from Hargreaves Lansdown.
On Thursday (26 September), HM Revenue and Customs (HMRC) issued an update on some of its personal pension statistics that revealed more than 37,000 savers were hit with annual allowance charges in 2017/18...
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The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers