Pensions minister Steve Webb has strongly hinted there will be action on tax relief in the Autumn Statement tomorrow.
Reports have suggested the Chancellor is considering cutting the annual allowance from £50,000 to £40,000 or £30,000, saving the Treasury between £600m to £1.8bn a year. Chancellor George Osborn...
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