A Covid-19 tax relief raid could exacerbate generational pensions divide

clock • 3 min read

With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby

One of these days I'm going to run a sweepstake for when the annual ‘higher-rate pension tax relief is about to be axed' rumour first gets aired. This year, if you'd backed the last weekend of Augu...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Defined Benefit

Matthew Fletcher, Associate Partner, Aon

Industry Voice: The conundrum of predicting future longevity

Matthew Fletcher, Associate Partner at Aon
clock 05 December 2022 • 4 min read
 University of Cornell

Younger USS staff to lose up to £200,000 in retirement

University and College Union cites ‘damning evidence’ published this week

Hope William-Smith
clock 17 June 2022 • 2 min read
 Jo Grady

USS called on to reconsider benefits amid deficit shrink

USS chief executive this week confirmed the scheme’s £14bn deficit has shrunk to £1.6bn

Hope William-Smith
clock 01 June 2022 • 1 min read
Trustpilot