Regulators have urged savers to keep calm and not rush to make any decisions about their pension in response to the coronavirus (Covid-19) pandemic.
While pension tax relief remained untouched in the recent Budget, there were several other key changes that may impact your pension plans for the forthcoming tax year.
While few savers will have the full £20,000 to put away in one go, by opening an account now, you could put yourself in a better position for the new tax year ahead.
Global head of Multi-Asset Investments, Johanna Kyrklund looks back at Q1 2020, highlighting the need for fiscal stimulus and the benefits of the provision of liquidity by the US Federal Reserve.
Since the Chancellor’s initial announcement on 20 March 2020, further information has emerged on the Coronavirus Job Retention Scheme.
HMRC has published guidance on which expenses are taxable if an employee works from home due to coronavirus (COVID-19).
In this 60 second video, Chief Investment Officer Johanna Kyrklund from Schroders provides her latest views on how the coronavirus is affecting markets.