The next step for government should be to index both the annual allowance and the lifetime limit, to ensure they increase with inflation, industry experts say.
Friends Provident head of corporate pensions marketing Martin Palmer said some form of indexation is needed, so the allowance "does not get out of line". He said the ideal would be for it to inc...
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
