PLSA urges Hammond to address five pensions priorities in Budget
The government needs to boost pension schemes' access to illiquid investments, remedy the net-pay tax relief anomaly, and focus on securing a "successful Brexit" for pensions in its upcoming Budget, says the Pensions and Lifetime Savings Association (PLSA).
There also needs to be a commitment to increase minimum contributions under auto-enrolment (AE) and provide the "right regulatory regime" for defined benefit (DB) consolidators, the trade body told chancellor...
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