Chancellor urged to reform pensions tax relief to raise £10bn

Fabian Society report says chancellor could raise £10bn by ‘cutting and reforming pensions tax relief’

Jasmine Urquhart
clock • 1 min read
Chancellor urged to reform pensions tax relief to raise £10bn

The chancellor has been urged to reform pensions tax relief in order to raise £10bn, in a report from the Fabian Society.

The report urged chancellor Rachel Reeves to "raise significantly more" by "cutting and reforming" pensions tax relief, rather than current plans to means test the Winter Fuel Allowance. The ‘Ex...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

IWD 2025: Women in the pensions industry

Admin and Data Forum - PDP's Chris Curry gives dashboards update

More on Regulation

Industry confusion over IHT proposals, Sackers finds
Regulation

Industry confusion over IHT proposals, Sackers finds

Survey finds industry has mixed views on government’s DC plans and 2025 priorities

Jasmine Urquhart
Jasmine Urquhart
clock 19 February 2025 • 1 min read
Reeves: Final phase one pensions review report to be published in Spring
Regulation

Reeves: Final phase one pensions review report to be published in Spring

Chancellor confirms plans for pensions in Oxfordshire growth speech

Jonathan Stapleton
Jonathan Stapleton
clock 29 January 2025 • 1 min read
Public sector workers face uncertainty due to pension statement delays
Regulation

Public sector workers face uncertainty due to pension statement delays

Royal London says delays until next month will ‘create uncertainty’ for self-assessment tax returns

Jasmine Urquhart
Jasmine Urquhart
clock 24 January 2025 • 1 min read
Trustpilot