UK - Pension industry leaders have attacked "threats" by Chancellor Gordon Brown to scrap simplification plans if they do not agree on the £1.4m lifetime limit.
Brown’s pre-Budget said tax simplification proposals would be dropped if there was no “consensus” on the lifetime limit. The Chancellor wants the industry to agree on the lifetime limit – which ...
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
