UK's spend on pensions tax relief a 'poor allocation of resources'

Think tank calls for ‘redesign’ of pensions system including Nest moving to CDC model

Holly Roach
clock • 2 min read
UK's spend on pensions tax relief a 'poor allocation of resources'

The UK’s £50bn spend on pensions tax relief is a “poor allocation of resources”, think tank Common Wealth argues.

A report by the organisation highlighted the risks it expects the government's forthcoming pensions review will under-deliver. According to the think tank, the government's idea of consolidating...

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