Rates to be increased from current 28% level from April next year, with further reforms in 2026
Pensions industry reacts to chancellor Rachel Reeves’ first Budget
Pensions industry says the costs are at risk of being passed on to pension savers
The chancellor chose not to target workplace pensions, despite raising taxes by £40bn
Government announces it will fulfil manifesto pledge to give mineworkers ‘fair pensions’
Administrators to be responsible for reporting and paying tax; DB and DC impacted
Bid to boost nation’s investment
Industry expresses concern over potential pension changes in the Budget
Conjecture driving savers to withdraw ‘excessive funds’
PP poll finds 52% say Reeves should not use Budget to target DC productive investments