Legal & General is launching its next web-based video link aimed at the individual pensions market, encouraging advisers to help clients in advance of A-day.
The second in L&Gs series of video links, Driven to Retirement by Adrian Boulding, will have a viewing audience of over 2,500 pension professionals, and focuses on the how financial advisers can help businesses to free up maximum tax-free cash in advance of A-day.
Legal & General pensions strategy director Adrian Boulding says: “There is a very good reason why clients who started a business several years ago but havent as yet got around to putting any money aside for retirement planning should start a pension scheme now without further delay.
“This is because the rules for tax free cash are going to change in April next year. After 6 April 2006, it will all be simple, and tax free cash will be 2 per cent of the pension fund arising from post April 2006 contributions.”