Those who may be affected by the reducing lifetime and annual allowances being introduced from April 2016 may face significant tax bills.

Ignorance of this won't stop them incurring a tax charge, so it is fundamental that people who may be affected are aware of this issue and understand the planning steps they will need to take to reduce this tax.

Many companies are providing those affected with financial education, and others are going a step further; also providing those impacted with access to advice.