A cut to the annual allowance in the autumn statement would hit middle-class savers who increase contributions to their pension pot later in life, the industry warns.
A report in the Financial Times this morning revealed Chancellor George Osborne is considering raiding higher-rate tax relief for the rich by lowering the threshold of the tax-free annual allowance...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
