Pensions tax relief 'good value for money', says ACA

Association calls for reforms to allow younger workers to boost financial resilience

Martin Richmond
clock • 2 min read
Pensions tax relief 'good value for money', says ACA

The Association of Consulting Actuaries (ACA) has said that pensions tax relief offers value for money for both scheme members and pensioners, but admitted there are areas for potential reforms.

In written evidence to the Treasury Select Committee Inquiry on tax reliefs, dated last Tuesday (13 September), the ACA stated that according to HM Revenue and Customs' estimations, pensions tax re...

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

Torsten Bell appointed pensions minister

Torsten Bell appointed pensions minister

MP for Swansea West previously served as chief executive of the Resolution Foundation

Martin Richmond
clock 14 January 2025 • 1 min read
Half of savers have never considered raising contributions, PLSA finds

Half of savers have never considered raising contributions, PLSA finds

PLSA research finds just 27% would commit to increases if they got a pay rise

Holly Roach
clock 14 January 2025 • 2 min read
UK Pensions Awards 2025: Just over one week left to enter!

UK Pensions Awards 2025: Just over one week left to enter!

This year’s awards will be held on 12 June at The Brewery in London

Professional Pensions
clock 14 January 2025 • 4 min read
Trustpilot