TISA calls for reform of DC pensions tax relief

Lobby group also calls for new minister to combine the DC regulatory regimes into one

clock • 3 min read
TISA calls for reform of DC pensions tax relief

The new government should overhaul pension tax allowances and combine the regulatory regimes for defined contribution (DC) pensions into one single regime, according to the The Investing and Saving Alliance (TISA).

The lobby body called for the lifetime allowance (LTA) and tapered annual allowance (TAA) to be removed, warning the complexity around these can discourage pension saving and dilute or even obstruc...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Most savers did not seek Pension Wise guidance in last four years

Most savers did not seek Pension Wise guidance in last four years

Just Group analysis shows only 5% of DC savers had in-person appointments with Pension Wise

Martin Richmond
clock 19 May 2025 • 2 min read
Low member engagement biggest obstacle to a default retirement solution, XPS says

Low member engagement biggest obstacle to a default retirement solution, XPS says

XPS research finds 37% cite low engagement as main challenge to implement retirement solutions for DC members

Martin Richmond
clock 15 May 2025 • 1 min read
DC Conference Manchester: Register now!

DC Conference Manchester: Register now!

The DC event is being held at Manchester on 17 September

Professional Pensions
clock 14 May 2025 • 1 min read
Trustpilot