The new government should overhaul pension tax allowances and combine the regulatory regimes for defined contribution (DC) pensions into one single regime, according to the The Investing and Saving Alliance (TISA).
The lobby body called for the lifetime allowance (LTA) and tapered annual allowance (TAA) to be removed, warning the complexity around these can discourage pension saving and dilute or even obstruc...
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
