The 2026 personal allowance freeze — what it means in practice
The continued freeze pulls more pensioners into the higher-rate band. Three practical responses we are using for clients this year.
Notes from the practice
Insights.
Periodic writing from Imogen and the team on the planning we are doing, the rule changes we are watching, and the patterns we see in our clients' affairs.
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Pension drawdown after the 2025 reforms — a quiet but consequential change
The reforms to lump-sum allowances and the removal of the lifetime allowance have settled into the system. Here is what we are seeing in client portfolios twelve months on.
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Residence nil-rate band — three pitfalls we see every year
The residence nil-rate band is generous on paper, but the eligibility conditions trip up a meaningful minority of estates. Three patterns we see repeatedly.
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How we think about gilts in 2026
With base rates settling and the yield curve still ambiguous, gilts are back in the conversation for retired clients. Here is the framework we are using.