Updated 03 September 2020
As part of the TaxAction 2016 campaign, unbiased.co.uk and Prudential have released a new guide. Find out how and why your pension is so effective at saving you unnecessary tax.
In early 2016 the headlines were full of the Panama papers, amid speculation as to who had been trying to trim their tax bill. The irony is, most of us fail to make full use of a huge tax-saving opportunity closer to home: our pension. There’s absolutely nothing dodgy about this one – in fact, the government actively encourages us all to make more use of it.
But the message about the tax-saving benefits of a pension doesn’t always get through. Some people may find the concepts hard to grasp, while others don’t think about pensions as retirement seems a long way off. So the new Pension Tax Guide from unbiased.co.uk and Prudential is a wake-up call. It takes two minutes to read, and by the end you’ll be looking at your pension in a whole new light.
Hats off to pension savings
As you’ll find out in the Pension Tax Guide, your pension is positively brimming with opportunities to save tax. Here’s a quick summary.
To find out more about how pensions help you save tax, download the free Pension Tax Guide.
Talk to a financial adviser about building and managing your pension to deliver the retirement you want. Find a specialist retirement adviser at unbiased.co.uk.
For more tax-saving ideas, head over to our TaxAction homepage.