The lifetime allowance will rise to £1,073,000 from next April as inflation in the year to September stands at 1.7%.
Tax relief on pension contributions is not an effective way of incentivising saving and the government may wish to consider fundamental reform, the Treasury Committee says.
The Conservative Party has abandoned dropping the triple lock on the state pension in order to secure a confidence and supply deal with the Democratic Unionist Party (DUP).
The hung parliament means planned measures to mitigate scams will be kicked down the road, the industry has told PP.
PP research shows government polies on triple lock and state pension age review are most likely to fall away.
This week we want to know which single Conservative policy on pensions is most at threat from the result of the election.
The UK has awoken to shock news that the Conservative Party has failed to secure an overall majority, leaving the future government hanging somewhat in the balance.
The Scottish National Party (SNP) has promised to put pressure on the next government to extend automatic enrolment (AE) to the self-employed and low paid.
The industry believes the Conservative proposals for pensions are the best approach, with some stating the commitment to ditch the triple lock is a 'bold but correct' move.
The Conservative Party's plan to replace the state pension triple lock with a double lock has provoked mixed responses.