Are you aware that in the last Budget, it was announced that high earners will see their annual allowance restricted.
From 6th April 2016 those with income above £150,000 will see their annual allowance reduced by £1 for every £2 of excess income. The maximum reduction is £30,000 - reached by clients with income of at least £210,000 - resulting in an annual pension allowance of only £10,000.
So how will you be funding your ongoing pension contributions?
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