Next Generation Technical Support

News

Budget concerns drive UK Sipp contributions up in February

Budget concerns drive UK Sipp contributions up in February

Concerns around the upcoming UK budget saw consumers making the most of their pension benefits in February with self-invested personal pension (Sipp) contributions up by 203% compared with the same month last year. Data from Fidelity International found that, while the end of the tax year normally sees a rise in pension contributions, pension inflow figures reveal that concerns over an announcement on pension reforms from the chancellor brought this behaviour forward. Please link to International Adviser to read the full article by Kirsten Hastings.

Become a member for as little as £25/month