The Treasury has proposed to remove tax relief on compensation payments for pension mis-selling.
However, it warned the move may lead to increased costs for both pension investors and providers. In a consultation on abolishing 36 tax reliefs, launched on 27 May, the Treasury revealed plans ...
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