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Outcry over reduction in pensions allowance is ‘ludicrous’

‘Does this latest outcry lead to the conclusion that accountants are more concerned with their own pensions than their clients… most of whom will not be affected by by annual allowance being cut to £40,000? Surely for the majority of SIPP advisers it will be business as usual?’ The decision to cut pension perks for top earners in last week’s autumn statement provoked predictable cries of outrage from accountants and financial planners. My apologies to the high earners among you but the vast majority are not going to shed a tear about this no matter how much you scream and… continue reading

December 13, 2012