February HMRC newsletter gave LTA update ahead of 6 April abolition
Talking to a financial adviser helps achieve fair outcomes
Clients are also pulling money from investments and moving to cash
Financial planning is complicated, but even more so for cohabitees
7.2 million adults live as part of a cohabiting couple in the UK
Advisers ‘still do not have their head round how complex LTA is’
Important to check pension scheme rules
Clients value reassurance from advisers during cost of living crisis
Chancellor increased AA to £60,000 in Spring Budget speech
A round up of the key takeaways from today for small advice firms