LCP calls on Chancellor to boost financial advice tax breaks

Clive Harrison, partner at the firm, said the chancellor should use his Budget to improve the tax breaks for financial advice. He said they are "not having the desired effect".  Harrison said the current allowances are too low and restrictive and, even when savers know about them and want to use them, they can find their pension provider refuses.  "There is no doubt that good financial advice can add real value, and far too few people are taking up advice," the LCP partner said. "Reducing the cost of advice through tax breaks is a step in the right direction, but much more needs to be...