Pension providers are seeing a rise in lump-sum contributions to retirement funds ahead of the Budget, amid concerns the Chancellor will push ahead with plans to cut higher rate tax relief.
The Chancellor is under pressure to reverse a planned cut in tax relief on pension contributions for high earners which would give them only basic-rate tax relief. From next April, tax relief is...
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
