AJ Bell urges govt to form independent pensions tax commission

In a letter to Chancellor Philip Hammond and pensions minister Richard Harrington, Bell (pictured) called for the creation of a non-political review body, similar to the Turner Commission, which should evaluate pension saving incentives in the UK. The body would be tasked with assessing whether reforms of the existing pension tax relief structure were needed and if so, which way the government should go. Any recommendations made should then form the basis for a lasting, cross-party settlement on pensions tax relief, and should come with a pledge not to make any further changes for at ...