Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Despite being ‘potentially lucrative’

Isabel Baxter
clock • 4 min read
Labour scrapping higher rate pensions tax relief is 'politically unlikely'

The Labour government scrapping higher rate pensions tax relief is highly unlikely politically, according to Lane Clark & Peacock (LCP).

In recent analysis, the firm examined the potential for changes to pension tax relief as part of the 30 October Budget.  An LCP paper pointed out that with the Labour manifesto pledge not to rai...

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

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on Industry

Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

L&G’s Katharine Photiou speaks to Holly Roach following her lifetime achievement recognition

Holly Roach
clock 21 January 2025 • 5 min read
New pensions minister maintains AE thresholds following annual review

New pensions minister maintains AE thresholds following annual review

Torsten Bell has completed the annual statutory review of the AE thresholds

Holly Roach
clock 21 January 2025 • 2 min read
UK Pensions Awards 2025: Last chance to enter!

UK Pensions Awards 2025: Last chance to enter!

This year’s awards will be held on 12 June at The Brewery in London

Professional Pensions
clock 21 January 2025 • 4 min read
Trustpilot