unbiased.co.uk comments on the Government's radical reforms to pension tax rules

Karen Barrett, chief executive of unbiased.co.uk, comments on the Government’s radical reforms to pension tax rules:

“We welcome the announcement on reforms to pensions tax rules from George Osborne today stating that investors can build up their pension fund knowing that they have the ability to draw on their savings without restriction from age 55, and that any unused savings can be passed on to their inheritors tax-free on death. These changes make it even more important that consumers know where to go for professional advice on their retirement planning.

“Retirement planning is the number one advice driver on unbiased.co.uk, and our own research revealed 25% of consumers admit to feeling anxious about planning for their retirement, so we know there is a strong demand for help in this area already and further changes to the rules are likely to increase the need for expert help even more. Professional advisers can help structure both retirement and tax planning, ensuring you are able to maximise your income during retirement whilst making certain that on your death your assets are distributed to your loved ones as you wish.’’

ENDS

Notes to editors:

For more information contact:

Sarah Tye / Kate Aitchison: 020 7294 3682 / mailto:[email protected] 

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unbiased.co.uk is the UK's most comprehensive free professional adviser search website, focused on empowering users with the resources they need to make better informed financial and legal decisions. We not only help consumers and businesses find the best adviser for their needs from 24,000 IFAs, financial advisers, mortgage advisers, solicitors and accountants listed on our search, but we also help them research the market by providing relevant information and tools. At unbiased.co.uk we are transparent about what we do and provide the easiest way for consumers to find and compare advisers meeting their requirements.

The unbiased.co.uk website launched in 1998 and rapidly became the UK’s leading online destination for consumers and businesses looking to find an adviser. Now attracting over one million visitors a year, unbiased.co.uk is the default adviser directory for consumer websites recommending their audience to ‘find an adviser’.

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