Beware of tax grab on saving for pensions

By Leslie Berry

Senior doctors are being advised to seek help now rather than risk losing huge sums unnecessarily from an imminent pension ‘tax grab’.

Financial advisers warned this month that the Government has already increased the tax it has collected from people breaching the pensions lifetime allowance (LTA) by a staggering 276% since George Osborne became Chan­cellor of the Exchequer.

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