CBI and NAPF slam TUC call to extend tax relief restrictions

Jonathan Stapleton
clock

Proposals urging the government to build upon restrictions on pensions tax relief to help those less well off will not encourage good employer provision, industry bodies say.

A Trades Union Congress report, published yesterday, said the cost of providing tax relief on pensions in 2007/8 was £37.6bn according to HMRC figures (PP Online, September 9). And it said pensi...

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 Defined Benefit

Partner Insight: Data - The new battleground for scheme buyouts

Partner Insight: Data - The new battleground for scheme buyouts

LexisNexis® Risk Solutions
clock 19 November 2025 • 1 min read
Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?

Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?

The UK government’s Pension Schemes Bill opens the door to more flexible treatment of defined benefit pension scheme surpluses. Now, the question for many trustees and finance teams is: Could running-on their scheme work for the benefit of its members...

M&G Investments
clock 19 November 2025 • 4 min read
DB surpluses remain at record highs in October, XPS finds

DB surpluses remain at record highs in October, XPS finds

Consultancy’s tracker shows DB schemes recorded aggregate funding level of 125%

Martin Richmond
clock 18 November 2025 • 1 min read
Trustpilot