Claire Trott discusses the pros and cons of different pension tax relief methods in her latest article for PA. What works best - relief at source or net pay? She also nudges advisers to ensure clients are getting the full benefits they are entitled to
One of the many things I talk to advisers about on a regular basis is how schemes provide tax relief to their members and if there is anything that they have to do to get what they are entitled to. For a few years now I have been actively encouraging advisers to review their clients' auto-enrolment schemes to ensure their members are getting the full benefits they are entitled to. The government has now called for evidence regarding the different types of scheme and the impact on low earners as well as any administration issues that could be improved. Back to basics Firstly, le...
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