Treasury to net £700m in pensions freedom tax windfall

clock

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

Its analysis, for BBC News, said while the government estimated it would take in £320m in 2015-2016 from pensions freedom the figure would end up being about £700m over the year. Pensions freedom...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

SPP raises concern to House of Lords committee on pensions IHT

SPP raises concern to House of Lords committee on pensions IHT

Group supports decision to remove pension admin responsibility for reporting

Jasmine Urquhart
clock 07 October 2025 • 1 min read
Pension schemes urged to boost UK sci-tech investment

Pension schemes urged to boost UK sci-tech investment

Pensions industry urged to invest more in life sciences and technology by the 2030s

Jasmine Urquhart
clock 03 October 2025 • 1 min read
AMNT urges trustees to support reform of 'unfair' pre-1997 service indexation

AMNT urges trustees to support reform of 'unfair' pre-1997 service indexation

The AMNT’s Maggie Rodger and John Flynn say the failure to index pre-1997 service is causing ‘significant angst’

Maggie Rodger and John Flynn
clock 03 October 2025 • 4 min read
Trustpilot