The mass market of middle income savers will face a "retirement crisis" if George Osborne decides to introduce a flat rate of pension tax relief, Hymans Robertson warns. The consultancy says its...
ACA chairman David Fairs Schemes’ haemorrhaging of higher rate taxpayers and low support towards and Isa-style retirement saving system highlight fundamental challenges to the Chancellor’s assertion that the pension incentives review must...
A pension Isa system has been put on hold, with the Treasury planning to introduce a flat-rate government contribution in replace of tax relief, according to reports in the Financial Times. The...
The Chancellor’s auto-enrolment contribution increase delay points to the end of the system of tax relief on pensions as we know it says the Association of Consulting Actuaries. ACA says the decision...
Responding to a question from Tory MP Richard Graham in the House of Commons today, Chancellor George Osborne said that the consultation would receive a full response in the Budget. Experts say...
Hargreaves Lansdown head of pensions research Tom McPhail, who is a frequent contributor to Treasury pension legislation consultation, says a move away from the current system of tax relief at the individual’s...
Some of the main reasons that the Treasury want to look at the taxation of pensions is that people are living longer; they’ll require more money in their old age; and the...
Should changes be made to the current tax relief system, it would be expected that all workplace pension schemes would be affected, and this would doubtless create additional duties, work and costs for employers in the process....
