Moving to an 'ISA-style' tax regime for pensions is not first on the list of Mike Morrison's priorities. Communicating the need to save must come first...
As everyone is aware, the Budget has put us into the middle of a consultation on the future taxation of pensions. A quick snapshot of some of the surveys and research reports suggests to me that more people are in pension schemes (down to auto-enrolment) and there is greater interest in retirement and options on retirement (due to pension freedoms). We have structural changes in the state pension moving to a flat rate, but with the transitional complication of moving from one system to another. The downside seems to be that, while more people might be saving, they are not saving en...
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