ACA: Tax relief changes forced higher earners to leave schemes

clock • 3 min read

Changes to pension tax relief in recent years have already caused schemes to lose members on higher incomes, according to research from the Association of Consulting Actuaries (ACA).

Its Time to pull together survey which sought views on potential further reform, found that 31% of the 477 employers polled said reductions to tax relief and complexities of the regime had led to h...

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 Industry

TPR and FCA merger 'sadly not going to happen' industry experts say

TPR and FCA merger 'sadly not going to happen' industry experts say

Conference delegates heard arguments that the current situation ‘is not functional’

Holly Roach
clock 30 April 2026 • 1 min read
Pension Schemes Bill receives Royal Assent, officially becoming law

Pension Schemes Bill receives Royal Assent, officially becoming law

The bill becomes the Pension Schemes Act and officially becomes law

Holly Roach
clock 30 April 2026 • 2 min read
Lifetime inequalities driving poor retirement outcomes

Lifetime inequalities driving poor retirement outcomes

Daniela Silcock says the pension system falls short for many ordinary workers

Jonathan Stapleton
clock 30 April 2026 • 3 min read
Trustpilot