Pension allowances have been raised by Rishi Sunak in the recent budget. Since 2016 a tapered annual allowance has been in place which primarily affects high earners and it is this element that will be changed. Pension calculations can be complex especially with changes to legislation but thankfully, free services are in place to help with this.
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Pension calculator: How does this tool work and can it help with retirement planning?
![Pension calculator: How does this tool work and can it help with retirement planning?]()
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