Make full use of your relevant tax planning opportunities

Welcome to the January/February 2022 edition of Smart Money.

In this edition, we look at the tax saving resolutions you can take to make sure you are fully utilising your tax planning opportunities (page 8), as well as taking advantage of your annual ISA allowance before the tax year ends in April (page 5). This time of year is also a good opportunity to consider your pension investments and if they are aligned to your future goals. With many people changing jobs multiple times through their life, it is common to build up a number of smaller pension pots, on (page 3) we consider how to track down and consolidate these investments. On (page 6) we look at green investing and how your pension can help the environment, and on (page 11) how you can find out what you will receive from your State Pension when you retire. Inflation is a topic dominating the headlines right now, and so on (page 10) we consider how you can weather the damaging effects of inflation on your investments and cash balances. Lastly, on (page 12) we explain the new plans announced for adult social care reform in England and how this should form part of your retirement planning.