Nilesh works closely with and assists the Head of Executive Pensions on all aspects of pension advising executives and their employers on pension provision and tax efficient retirement planning. This involves being able to explain the complex technical pension issues to clients in a manner they understand and then help them to organize the pension arrangements for their senior staff in order to minimise the risk of Annual Allowance and Lifetime Allowance charges. Prior to that, for 3 years, he was part of Barnett Waddingham’s Pensions Administration Practice.
Nilesh’s extensive experience has helped him to become a trusted consultant in providing assistance to the Head of Executive Pensions to provide guidance on pension matters to a wide range of employers and their senior staff at:
Nilesh provides technical guidance on all aspects of pensions, including the radical changes the Finance Act 2004 introduced from April 2006. He also provides additional technical expertise to our Pensions Administration Practice.
Nilesh Shah, Associate, outlines the need to utilise any unused annual allowance before it is too late.
The 31 January deadline for paying tax for 2016/17 has now passed. Senior staff now have to think ahead to the end of the current tax year, ending on 5 April 2018.
Since the Lifetime Allowance (LTA) reduced again to £1 million at 6 April 2016, there has been an increase in the use of excepted group life policies (EGLPs) for employees who already have a high level of benefit in a registered pension scheme.