Introducing a flat rate of tax relief at 20% could save the Treasury up to £13bn, according to calculations by the Pensions Policy Institute (PPI).
In a briefing analysing the various pension pledges made in the run-up to this Thursday's general election, the institute also estimated a 30% flat rate would have no impact, while a 40% rate would...
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