A new consultation paper has set out more details of an increase in the normal minimum retirement age. In February the Treasury and HMRC published a consultation paper on implementing an increase in the normal minimum pension age (NMPA) from … Continue reading →

The Budget announced a five-year freeze to the standard lifetime allowance. The standard lifetime allowance (SLA) is an important pensions number. It effectively sets the maximum tax efficient value of all your retirement benefits, in the absence of any legislative … Continue reading →

A quiet turning of the tax screw. Just before the Budget arrived on 3 March, it seemed as if the Chancellor would have nothing to say that was not already public knowledge. However, while some of the many leaks were … Continue reading →

Taking some time to start planning for 2021/22 now can be worthwhile. While there is often a focus on planning for the end of the tax year, much less attention is paid to the start of the tax year. The … Continue reading →