Will tax relief restrictions on higher earners lead to the death of pensions?

As tax relief reductions forces high earners to leave schemes, further reform could severely damage pensions.

clock • 4 min read

As tax relief reductions are already forcing higher earners out of pensions, there could be a mass exodus if the Chancellor goes ahead with more reform. Rebecca Shahoud looks at how it could damage pensions.

It may not come as a huge surprise to many that high earners are dropping out of pension schemes as the Chancellor's tax relief reforms of recent years take hold. The tax relief on lifetime allo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

XPS Group revenues up 23% to £113.4m in six months

XPS Group revenues up 23% to £113.4m in six months

Consultancy says advisory and administration accounting grew for tenth half year of year-on-year growth

Jasmine Urquhart
clock 21 November 2024 • 2 min read
Barnett Waddingham hits £160m revenue in 2023/24

Barnett Waddingham hits £160m revenue in 2023/24

Firm’s annual results show year saw range of ‘strategic investment’ and ‘organic growth’

Holly Roach
clock 21 November 2024 • 2 min read
The UK's biggest pension consulting firms by revenue

The UK's biggest pension consulting firms by revenue

PP has analysed the accounts of the biggest pension consulting firms

Jonathan Stapleton
clock 21 November 2024 • 1 min read
Trustpilot