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Pension savings review

27 July 2015
Issue: 4511 / Categories: News , Investments , Pensions

Should changes be made?

The Treasury has published Strengthening the incentive to save: a consultation on pensions tax relief.

The government is interested in views on how the system could be reformed.

These range from a fundamental reform of the system, for example moving to a system which was taxed in a similar way to individual savings accounts and providing a government top-up on contributions, to less radical changes, such as retaining the current system but altering the lifetime and annual allowances.

Responses should be emailed by 30 September 2015.

Issue: 4511 / Categories: News , Investments , Pensions
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