LCP calls for DC and DB advice tax breaks in budget

Pensions Advice Allowance and tax relief on employer-funded advice usage remains low

Julia Bahr
clock • 2 min read
LCP calls for DC and DB advice tax breaks in budget

Lane Clark & Peacock (LCP) has called on chancellor Rishi Sunak to improve the current system of tax breaks for advice on pensions ahead of the Autumn Budget later today (27 October).

LCP partner Clive Harrison  said the chancellor should use his Budget to improve the tax breaks for financial advice. He said they are "not having the desired effect".  Harrison said the curre...

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