Being prepared ahead of a-Day

The date at which the Pensions Act comes into force and the Inland Revenue's simplified pension tax ...

The date at which the Pensions Act comes into force and the Inland Revenue's simplified pension tax system goes into effect is now widely known as A-Day - the actual day of which is 6 April 2006. Over the course of the next 12 months there are remaining issues to be ironed out and opportunities to be found as advisers prepare their clients for the transition to Labour's new regime. A-Day after all will impact everything from pension contribution levels, tax reliefs and annual allowances to the types of vehicles that not only will still exist, but that look attractive to investors. But one o...