How clients can make tax efficient use of pension contributions

Pensions are used by most individuals as an efficient method of saving money towards their retirement as they offer access to tax free cash and taxable income. While it makes little sense to tie money up in pensions if they are unlikely to be required as a retirement pot, if funding a pension is a sensible option, then it also makes sense to get the optimum benefits out of making the contributions. There are various areas for advisers to consider when it comes to the most opportune times for clients to make contributions. Firstly, for those with a level of flexibility in their earning...