The Budget pension freedoms are a tax collection measure set to drive short-term spending with long-term consequences, Punter Southall has warned.
Principal Danny Vassiliades said today that government figures showed the Treasury would net an extra £1.2bn in tax receipts in 2018-19 as a result of the reforms. "With this policy, [the Chance...
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