HM Treasury

Industry figures are rushing to lobby the government on crucial pensions issues ahead of tomorrow's emergency Budget.

The government risks "compounding one unfairness with another" if it singles out public sector pensions alone for substantial reform, the Association of Consulting Actuaries warns.

The cost of implementing the new high earners' pension tax regime will spiral to £2.5bn - a figure seven times that originally estimated by the Treasury, Standard Life warns.

After days of indecision, the final agreement forming a Conservative-Liberal Democrat coalition government was finally agreed last Tuesday (May 10), sadly, just after last week's edition of Professional Pensions went to press.

Equitable Life victims have rejected Sir John Chadwick's compensation review, calling it a ‘cover-up'.

Sebastian Cheek previews the March 4 edition of Professional Pensions.

The industry has lambasted proposals to restrict higher-rate tax relief for those earning more than £130,000.

Yesterday (March 3), the government closed its consultation on plans to restrict higher-rate tax relief on pension contributions from April 2011.

Tax-relief restrictions should be scrapped and the government must issue more long-dated and index-linked gilts, the National Association of Pension Funds says.

UK - Tax-relief restrictions should be scrapped and the government must issue more long-dated and index-linked gilts, the National Association of Pension Funds said.