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High net worth savers failing to maximise pension allowances, finds Saltus
Average annual contributions stood at £31,794 in 2024, rising only slightly to £34,190 this year.

Average annual contributions stood at £31,794 in 2024, rising only slightly to £34,190 this year.
The decision to include defined contribution pensions in the IHT net from 2027 led 33% of HNWIs to look at ways to protect their pensions.
Research showed that people with over £250,000 in assets thought an average pension pot of £663,308 would give them a comfortable retirement.

Saltus suggested that an increase in CGT could not only disincentivise entrepreneurs, but also deter potential investors.
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