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NFU Mutual advising people to max out Pension & ISA contributions before the budget

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  • Altior
    Altior Posts: 1,052 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    Avail of all of the efficiency advantages currently available where possible, ie where it's feasible. At least it can't end up with a negative outcome. 
  • Kim_13
    Kim_13 Posts: 3,464 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Both a cut to the lifetime allowance and changes to the 25% tax free sum have been rumoured. Paying in extra now might be to someone’s advantage with the first one, but it’ll backfire if the second comes to pass. 
  • Altior
    Altior Posts: 1,052 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    Only if the drawing marginal rate is lower than the contributing, and the tfls is eliminated. Highly unlikely. 
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