Hundreds of thousands missing out on pensions tax relief

clock

More than 400,000 scheme members could be missing out on hundreds of pounds in annual contributions by failing to claim tax relief, warns Standard Life.

Head of pensions policy John Lawson believes that changes to self-assessment requirements have left many members of stakeholder or group personal pensions unaware that higher rate tax relief is not...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Pot for life reforms could be a game changer for UK pension provision

Pot for life reforms could be a game changer for UK pension provision

David Lane says long-term benefits outweigh short-term implementation challenges

David Lane
clock 16 February 2024 • 4 min read
ACA expresses 'serious doubts' over pot for life proposals

ACA expresses 'serious doubts' over pot for life proposals

Group says proposals will reduce employer engagement and risk poorer outcomes

Jasmine Urquhart
clock 23 January 2024 • 5 min read
Smart Pension to provide ISS UK workplace scheme

Smart Pension to provide ISS UK workplace scheme

Appointment benefits 62,000 members and covers £200m AUM for workplace management company

Jasmine Urquhart
clock 27 November 2023 • 1 min read
Trustpilot