Govt must address 'glaring inequality' in defined benefit tax treatment - Fidelity
The government should look into the glaring inequality in the tax system that favours defined benefit (DB) pension schemes over defined contribution (DC), Alan Higham has said.
Fidelity's retirement director made the comments as George Osborne confirmed the lifetime allowance for pension saving would be cut from £1.25m to £1m. The government said it would only affect the wealthiest...
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