Tim Orton: Filling clients' end-of-tax-year knowledge gap

Three-quarters of people underestimate ISA allowance

clock • 3 min read

New research from Aviva suggests UK consumers have not kept up with the changing financial landscape of tax allowances - a personal finance 'knowledge gap' advisers can play a crucial role in filling, says Tim Orton

As this year's tax year-end countdown continues, it is worth taking stock to consider how different the world looked a mere 12 months ago, when the UK was still broadly committed to the European Union and sterling was relatively strong. It has certainly been all change - we have a new Chancellor, a new Prime Minister and an independent and unpredictable new US president. Anyone expecting that these events, coupled with significant shifts in geopolitics, will have little impact on financial markets is likely to be disappointed. As such, it is little surprise the economic outlook for 20...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Friday Night Takeaway: Is talk of bonds giving you whiplash?

Friday Night Takeaway: Is talk of bonds giving you whiplash?

The editor's Friday Night Takeaway from 12 April

Hope Coumbe
clock 12 April 2024 • 1 min read
Editor's View: A very happy new (financial!) year to you

Editor's View: A very happy new (financial!) year to you

The editor's Friday Night Takeaway from 5 April

Hope Coumbe
clock 05 April 2024 • 1 min read
Spouses using different advisers can often cause difficulties

Spouses using different advisers can often cause difficulties

Looking at industry thoughts on the back of last week’s PA Asks poll

Hope Coumbe
clock 25 March 2024 • 1 min read