Liberal Democrats

All of the major political parties have now unveiled their policies on pensions ahead of the general election. Professional Pensions looks at what they have promised.

While the pension schemes bill was said to command cross-party support, Brexit and acrimonious parliamentary debates are leaving its success in doubt, says Malcolm McLean.

A campaign to divest the MPs' Pension Scheme from fossil fuel investments has gained the support of 200 MPs and former MPs across partisan lines.

Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.

The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.

Listing on LSE on 17 October

Introducing a flat rate of tax relief at 20% could save the Treasury up to £13bn, according to calculations by the Pensions Policy Institute (PPI).

The industry believes the Conservative proposals for pensions are the best approach, with some stating the commitment to ditch the triple lock is a 'bold but correct' move.

The Liberal Democrats' pledge to review the pension tax relief system with an aim to introduce a flat rate has received a lukewarm response from pension professionals.