Following a £3bn increase in the cost of pension tax relief, the Chancellor is poised to take another bite from the pensions pie, Steve Webb has warned.
The former pensions minister, turned Royal London director of policy, said it was likely Chancellor Philip Hammond would introduce additional cuts to the annual allowance at next week's Budget. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
