OECD criticises Budget changes - reports

clock

The Organisation for Economic Co-operation and Development (OECD) has criticised changes to the UK pension system announced in the Budget, according to reports.

The changes unveiled by the Chancellor will allow defined contribution (DC) savers to take their pots in cash when they retire, paying tax on it at the marginal rate. But the Financial Times rep...

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

DWP launches consultation on implementing small pots default consolidator solution

DWP launches consultation on implementing small pots default consolidator solution

Government aims to have small pot consolidation operational from 2030

Jonathan Stapleton
clock 15 September 2026 • 2 min read
Pensions UK: Schemes should not be asked to keep paying for a broken levy

Pensions UK: Schemes should not be asked to keep paying for a broken levy

Zoe Alexander says general levy proposals impose unfair costs on schemes

Zoe Alexander
clock 15 September 2026 • 5 min read
AI data regulations should include pension perspective, says Zedra

AI data regulations should include pension perspective, says Zedra

Data regulation should clarify accountability and governance for trustees

Alex Levy
clock 14 September 2026 • 1 min read
Trustpilot