Chancellor

Ahead of the second Budget of 2017, industry experts tell James Phillips what they think the chancellor will seek to change on 22 November.

The majority of respondents believe low-paid earners would benefit from a salary exchange arrangement.

This week we want to know if the Chancellor will reform tax relief in the Budget and if the government should amend rules around salary exchange arrangements to help lower-paid workers.

To promote intergenerational fairness

The "legislative paralysis" since June's snap general election and the dominance of Brexit debates means the Chancellor could tinker with "monstrous" tax relief in his Autumn Budget in November, Sir Steve Webb has said.

This week's top stories included reports that chancellor Philip Hammond is considering cutting higher-rate tax relief in the Autumn Budget, while the Court of Appeal ruled IBM had the right to impose a cap on increases in pensionable pay.

The reduction in the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 per year will apply retrospectively from April 2017, after the Treasury confirmed plans to reintroduce tax relief cuts from that date.

This week's top stories include coverage of the Spring Budget, where the chancellor confirmed the money purchase annual allowance will fall to £4,000.

The government has reaffirmed its commitment to crack down on pensions cold calling and give firms more powers to block suspicious transfers.

There is much speculation over what next week's Autumn Statement could throw up for pensions, so what does the industry want to see?