ACA cautions chancellor on pension tax changes ahead of pensions review

Pensions review the ‘obvious opportunity’ to look at changes as part of holistic approach

Jonathan Stapleton
clock • 1 min read
Stewart Hastie: Changes that bring forward tax revenues will likely exacerbate the adequacy challenges for current and future workers
Image:

Stewart Hastie: Changes that bring forward tax revenues will likely exacerbate the adequacy challenges for current and future workers

The chancellor must “consult widely” and “take time” with any reform of pension taxation or face unintended consequences, the Association of Consulting Actuaries (ACA) says.

In its pre-Budget submission to the Treasury, the ACA cautioned against rushed changes – noting the government's pension review was the "obvious opportunity" to look at tax changes as part of a hol...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

UK pension reform – the case for further consolidation

UK pension reform – the case for further consolidation

Argi Sampedro argues scheme scale will help managers implement better portfolios

Argi Sampedro
clock 17 January 2025 • 10 min read
The full list of pensions ministers since 1998

The full list of pensions ministers since 1998

The full list of the ministers who have been responsible for pensions

PP Staff
clock 14 January 2025 • 1 min read
Government confirms it will maintain pension fund clearing exemption

Government confirms it will maintain pension fund clearing exemption

Announcement follows industry representation on the issue

Professional Pensions
clock 10 January 2025 • 2 min read
Trustpilot