Are middle class savers getting stung by a 55% pension trap meant for millionaires?
The article below from This is Money provides a very startling view of how some savers could get caught out by a tax penalty they never thought would be aimed at them. The maximum you can build up in a pension without a tax penalty is £1.03m But many workers whose salaries have risen unwittingly …
Are middle class savers getting stung by a 55% pension trap meant for millionaires? Read More »