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Legal & General issues pensions carry-back warning

24 December 2004
There are just five weeks until the deadline for consumers to use their previous tax year's pension contributions allowance.

Legal & General has released its latest pensions profile to remind people about the January 31 deadline.

"January 31st is now almost as important a date in the tax calendar as April 5th is for many people," Legal & General's head of pensions technical services, Colin Batchelor, said.

He added: "The rewards of 'carrying back' are twofold. Not only will clients potentially boost their retirement income but they will also receive substantial tax benefits."

To read more about pensions, click here.
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