A cap on annual contributions might be a more equitable way of reducing the percentage of tax that benefits the highest earners, an influential House of Commons committee says.
The Treasury Select Committee said government plans to restrict higher-rate tax relief on pension contributions for people with incomes over £150,000 from April 2011 was a "departure" from long-sta...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
