Three things we learned this week

clock

Retirement Planner's round-up of the top pension stories this week.

More tax changes could 'destroy' faith in pensions - Punter Southall Further changes to the tax relief available on pensions - as has been predicted ahead of the Chancellor's Autumn Statement this week - may destroy public faith in saving for retirement, according to financial services consultants Punter Southall. Some forecasters believe the Treasury is considering further cuts to the annual allowance, which has already been reduced from £255,000 to £50,000, in a bid to save money. Last December, the government published an estimate that a cut in this limit to £40,000 would save th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

SIPP saga continues - FOS upholds four more complaints against Options Pensions

SIPP saga continues - FOS upholds four more complaints against Options Pensions

Complaints continue at what was formerly Carey Pensions

Isabel Baxter
clock 23 December 2024 • 4 min read
Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Despite being ‘potentially lucrative’

Isabel Baxter
clock 30 September 2024 • 4 min read
Failed Hartley Pensions clients face months-long SIPP transfer document delays

Failed Hartley Pensions clients face months-long SIPP transfer document delays

Frustrated client notes that communications were promised from April to June

Isabel Baxter
clock 29 August 2024 • 3 min read