pensions tax

Trade body warns changes to pensions tax could ‘erode’ trust in system

AJ Bell pushes to end ‘damaging speculation’ on tax-free cash and reliefs

PP survey finds 71% expect pensions tax changes but no consensus on what measures may be announced

Think tank calls for ‘redesign’ of pensions system including Nest moving to CDC model

Analysis shows savers have recouped more than £1.4bn in overpaid pensions tax since 2015

L&G hits £30bn in AUM, AE thresholds maintained, HMRC overhauls pension withdrawal tax system

Industry expresses concern over potential pension changes in the Budget

Despite being ‘potentially lucrative’

Analysis finds savers have reclaimed almost £1.3bn since introduction of pension freedoms

Firm says changing the way pensions are taxed could release £100bn across five years