Les Cameron: Simplicity, complexity and business as usual

Tax year-end approaches

clock • 6 min read

Les Cameron looks back at the legislative changes that have affected pensions over the past year as we head towards the taxy ear-end...

We've moved into a new calendar year but in financial planning terms, we are just three-quarters of the way through the important year -  the tax year.  This will see a ramp-up in activity as we approach tax year-end, traditionally involving making the most of the planning opportunities around pension contributions. Last year was pretty quiet in pension tax change terms. There are probably just three things to consider but they do all have implications on pension planning. Firstly, there was the change to Normal Minimum Pension Age from 55 to 57 come April 2028. The closure of the ...

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