Radically reforming the pensions tax relief system could disincentivise saving, according to a report by the International Longevity Centre - UK (ILC-UK) and Age UK.
The Future of Private Pension Saving report argued that switching to a pension ISA system where tax was paid upfront and income in retirement is received tax-free - known as taxed-exempt-exempt (TE...
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
