A Covid-19 tax relief raid could exacerbate generational pensions divide

clock • 3 min read

With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby

One of these days I'm going to run a sweepstake for when the annual ‘higher-rate pension tax relief is about to be axed' rumour first gets aired. This year, if you'd backed the last weekend of Augu...

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 Defined Benefit

The key issues for trustees to consider when their sponsor is in financial distress

The key issues for trustees to consider when their sponsor is in financial distress

Kevin Dolan says effort, collaboration and negotiation can produce an improved outcome

Kevin Dolan
clock 03 April 2025 • 4 min read
DB members 'afraid' of surplus extraction plans

DB members 'afraid' of surplus extraction plans

PIC survey finds most DB members oppose political interference with pensions

Holly Roach
clock 03 April 2025 • 2 min read
Vital for schemes to comprehend risk appetite before moving to buyout

Vital for schemes to comprehend risk appetite before moving to buyout

Hymans paper says sponsors could suffer financial losses if not on ‘front foot’ of endgame planning

Martin Richmond
clock 02 April 2025 • 3 min read
Trustpilot