Effective tax planning for high earners

Are you aware of the impact that new tax allowances could have on your retirement?

Avon Pension Fund is working with Affinity Connect to help our members plan for a positive retirement. The new online course ‘Effective tax planning for high earners’ offers members an overview of the tax allowances and how they could be affected. 

About the tax allowances

• The Annual Allowance Limit for a defined benefit scheme like the LGPS is a measurement of the growth of the pension benefits, not the total annual contributions paid. This can be impacted by a large pay increase in conjunction with significant scheme membership.
• The new Lump Sum Allowance/Lump Sum Death Benefit Allowance is the maximum amount of tax-free lump sum and death benefit lump sum that can be paid in respect of someone’s pension benefits.

You may be impacted by these changes, and it is important that you understand the tax allowances and what action you may need to take.

The free online course will cover:

• A clear and simplified overview of Tax and National Insurance
• Awareness of common tax pitfalls impacting higher earners — and how to avoid them
• Practical strategies for tax-efficient savings
• A full breakdown of pension contribution limits and how to make the most of them
• Insights into upcoming changes to Inheritance Tax on pensions (effective 2027)
• Expert-led tax planning tips tailored specifically for higher earners

For full course details visit Affinity Connect: Effective tax planning for high earners

There are two dates available:

To book your place visit the Affinity Connect registration website

Book early as spaces are limited.

The course will provide information only. It will not include or constitute regulated financial advice.