'Concerning proportion' of DC savers do not understand pensions tax relief

TPT to launch a new DC product to make it easier for members to move to decumulation

Jasmine Urquhart
clock • 1 min read
Almost half of DC savers at TPT say they didn't know they get tax relief on pension contributions

Almost half of DC savers at TPT say they didn't know they get tax relief on pension contributions

Almost half (46%) of defined contribution (DC) savers are unaware they get tax relief on their pension contributions, TPT Retirement Solutions has found. Looking at data from 1,500 members contr...

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