Why paying a tax charge isn’t always a bad thing

3 September 2020



Following the start of a new tax year, we’ve updated our adviser policy paper and it’s ready to download.

Our updates* include:

  • a new example of when it might be appropriate to advise an individual to leave their scheme.
  • options for doctors - a look at the proposed 50:50 option in response to adviser queries.

This packed interactive paper also explains how paying annual and lifetime allowance tax charges can still make your clients better off in retirement, and…

  • digs deeper into the options for paying these charges.
  • offers a solution to help you identify if your clients are better off financially in or out a scheme.
  • showcases different client scenarios.
  • explains other relevant considerations and regulatory issues.

Download a copy now.

*policy paper last updated August 2020

Watch our webinar and earn CPD hours

60 minute timerClare Moffat talks about the annual allowance charge and making the right decision in our recent webinar.

After watching this webinar, you will be able to:

  • How the annual, money purchase, and tapered allowances work. 
  • The operation and advantages of "scheme pays".
  • How to calculate whether an opt-out is suitable.
  • Regulatory requirements.

Watch webinar

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The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.