Mark Devlin: Pension contributions and relevant income explained

2020 was a year in which many people had to, for many different reasons, revisit their finances and where the value of seeking financial advice came to the fore. With tax year-end now on the horizon, some clients may find themselves in the fortunate position of having extra income, or perhaps in receipt of a redundancy payment, or they may be holding cash because of investment uncertainty. If so, using that money to make a pension contribution could not only boost the value of their funds but also save on tax. In a nutshell when a client is looking to make a personal pension contribut...