The Chancellor confirmed the government intends to clamp down on "complex asset-backed contribution structures" that allow firms to over-claim tax relief.
George Osborne used today's Autumn Statement to confirm the government would take the action first mooted in this year's budget, when he announced a consultation on the issue. He said the move w...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
