What the UK Budget means for your money. |
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Our panel of experts discuss the key pension tax changes announced within the UK Spring Budget. How will these changes impact your retirement? The panel also offer explanation for the recent market volatility caused by the closing of the American Silicon Valley Bank.
00:00 Introduction. 00:44 SVB bank closure. 08:04 Will SVB impact the True Potential Portfolios? 9:16 The important of holding your nerve. 12:08 Spring Budget tax changes. 12:35 The removal of the lifetime allowance. 18:03 The annual allowance increase. 18:33 The money purchase annual allowance. 18:58 The tapered annual allowance. 19:22 Will the new budget encourage people to return to work? 20:33 Other key tax changes. 21:31 Changes to childcare. 24:06 How did markets react to the budget? 24:47 Was it a positive budget? 25:44 Inheritance Tax. 27:33 Tax Year End. #ukspringbudget #taxchanges #retirement Download our free guides to ISAs and Pensions at https://www.truepotential.co.uk/ourguides. If you enjoyed this video, please leave a like, and don’t forget to subscribe to the True Potential YouTube channel for the latest finance news and tips. For podcast questions and guest enquiries email podcast@tpllp.com. |