Introducing a new single rate of tax relief at 25% while axing the higher rate would not massively increase the retirement income of lower and median earners, according to the Pensions and Lifetime Savings Association (PLSA).
Speculation has been rife that the government will overhaul the pensions tax relief system to help shore up the country's finances following the coronavirus pandemic. The PLSA's research - Pensi...
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, 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
