Budget 2013: Targeting tax free lump sums is progressive, but political suicide

clock

The latest rumour circulating as Budget 2013 draws near is that George Osborne has his beady eye set on pension commencement lump sums.

It's important to point out here that rumours are just rumours. At PP we receive a mixture of hot industry tip-offs from people who move in the highest circles of influence, and utterly spurious go...

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

More on Law and Regulation

OBR says 80% of in-scope workers may cut contributions as salary sacrifice limited

OBR says 80% of in-scope workers may cut contributions as salary sacrifice limited

Watchdog says behavioural impacts will also include employer contribution increases

Jonathan Stapleton
clock 06 February 2026 • 2 min read
AMNT: The continued presence of a member voice on trustee boards is essential

AMNT: The continued presence of a member voice on trustee boards is essential

Lewis Brown takes a look at the DWP’s consultation on trustees and governance

Lewis Brown
clock 05 February 2026 • 4 min read
Robin Ellison – Beware TPR's Terry Smith problem

Robin Ellison – Beware TPR's Terry Smith problem

PP’s regular columnist says the latest VfM document is a ‘flagship of absurdity’

Robin Ellison
clock 05 February 2026 • 13 min read
Trustpilot