Autumn Statement

November 24, 2016

The Autumn statement has been announced and the only interesting aspect from the retirement planning perspective is the amount you are allowed to contribute into pension schemes after you have drawdown any taxable benefits from your retirement pension fund.

The amount used to be £10k now it is only £4k so “flexible” pension benefits are not as flexible anymore!

Why won’t the government leave pension rules and regulations alone for just one year!!