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Pension tax allowance revenues top £600m as more savers breach limits

Pension tax allowance revenues top £600m as more savers breach limits
professionaladviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaladviser.com Daily Mail and Mail on Sunday newspapers.

LCP calls for simplified pensions tax relief limit

LCP calls for simplified pensions tax relief limit
pensions-expert.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pensions-expert.com Daily Mail and Mail on Sunday newspapers.

Pension savers should not worry about breaching lifetime tax allowance , study shows

ACA calls for tax changes to be realistic, manageable and proportionate for schemes

ACA calls for tax changes to be realistic, manageable and proportionate for schemes The ACA has called for sensible initiatives to simplify the processes of the pensions tax system. The Association of Consulting Actuaries (ACA) has called for sensible initiatives to simplify the processes of the pensions tax system. In its response to the Office of Tax Simplification s (OTS) January call for evidence on its third-party data reporting review - published today (15 April) - the ACA said the Treasury arm had to make it easier for pension savers to accumulate wealth for retirement. The ACA has long called for a fairer overview of pensions tax on behalf of its adviser member body, who provide advice to the providers of workplace schemes and their sponsors.

Exclusive: ACA calls for policy reform on AE, investments, and pensions tax

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

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