UK - Schemes are "reluctantly" prepared to accept the £1.4m lifetime savings cap as the price the industry has to pay for pension simplification.
Schemes and consultants say they are resigned to “living with” the government’s proposals to ensure the Inland Revenue pushes through with its ambitious tax simplification plans. The National As...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date