Introducing a pension ISA could dramatically lower savings and reduce the size of the economy over 20 years according to the Association of British Insurers (ABI).
Based on estimates by the National Institute of Economic and Social Research (NIESR), the ABI calculated that switching the current tax relief system to tax exempt exempt (TEE) would cut savings by...
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
