LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Firm warns changes to pensions tax could cause challenges for workers, employers and the public sector

Jasmine Urquhart
clock • 2 min read
LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

The chancellor should avoid a raid on pensions tax relief so as not to cause challenges for workers, employers and the public sector, LCP warns.

In a report by the consultancy, it said possible types of change that could be announced in the Autumn Budget – such as cuts to higher rate relief or removing tax free cash and changing salary sacr...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Law and Regulation

LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Firm warns changes to pensions tax could cause challenges for workers, employers and the public sector

Jasmine Urquhart
clock 08 September 2025 • 2 min read
Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Nest chief executive says tweaking the PSB could turn it into an ‘engine for investment’

Ian Cornelius
clock 04 September 2025 • 4 min read
Virgin Media amendments to the Pension Schemes Bill announced

Virgin Media amendments to the Pension Schemes Bill announced

Industry welcomes changes but says they will ‘not be a silver bullet in all cases’

Jonathan Stapleton
clock 02 September 2025 • 1 min read
Trustpilot