Dave Downie: Pensions and the tax year end - know your limits

With tax year-end fast approaching, making the most of available allowances to boost pension savings will be top of the agenda for advisers and their clients. Understanding what allowances are on offer, and clients' earnings, is key to maximising tax-efficient pension funding at year-end. Here are four considerations that advisers will need to keep front of mind. Annual allowance headroom The ability to secure tax relief on pension contributions makes pension saving a compelling option for savers. However, paying an amount that will receive tax relief is less effective if som...