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UK election puts £1,500 pension advice allowance on hold

By International Adviser, 26 Apr 17

The UK has pushed back the introduction of the pension advice allowance as the government announces further delays to key tax changes ahead of the snap election on 8 June.

The UK has pushed back the introduction of the pension advice allowance as the government announces further delays to key tax changes ahead of the snap election on 8 June.

“Removing the employer-funded advice reforms from the Finance Bill runs seems to run contradictory to these findings and we hope to see it re-introduced in future legislation.”

Non-dom delays

On Tuesday, it emerged that long-awaited reforms to the way non-UK domiciles are taxed have now been frozen until after the election, including IHT changes to UK property purchased by ‘non-doms’ using offshore companies.

Pages: Page 1, Page 2

Tags: Pension

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.