Why should I pay into my pension before April?

There are number of good reasons why you should pay into a pension before April 6th.

With the legislation now in place, the run up to April is time to start planning in earnest to make sure you make the most of your pension savings.

Courtesy of Standard Life, we’ve put together 10 reasons why you may wish to boost your pension funds before the tax year end but here’s an example.

Immediate access to savings for the over 55s

The new flexibility from April 6th will mean if you are over 55, you’ll have the same access to pension savings as you do with any other investments. With the combination of tax relief and tax free cash, pensions will outperform ISAs on a like for like basis for the vast majority of savers.

If you have pension funds in excess of £150,000 and would like a free copy of our top ten guide, call us on 01704 500324, or please register your details here.

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If you need help with, or information about your pension options, ask Sid. He can help.

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