Important changes to your pension plan

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From 6 April 2011 the annual allowance for pension savings is reducing from £255,000 to £50,000. This limit applies across all pension savings you may make. If your total contributions do not exceed the £50,000 limit, regardless of earnings, you will not be affected by this change. However, if your total contributions do exceed £50,000 then you may incur a tax charge.

Please contact your financial adviser if you are affected.

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