Prospect's pensions officers blog about the issues that exercise their minds.
I’ve seen enough manifestos, heard enough politicians’ speeches and pored over enough announcements and consultations to unfortunately have to adopt a cynical approach. It usually transpires that any announcement needs to be clarified by a series of further questions – for who, by when, how or for what purpose?
It’s a truth universally acknowledged, that a Chancellor with a hole in his fiscal plans must be thinking of a raid on pension tax relief.
Jeremy Corbyn has raised the issue of life expectancy and been pilloried for daring to suggest that, on average, this is reducing.
The Pensions and Lifetime Savings Association (PLSA) has recently published the latest in their missives on what to do about Defined Benefit (DB) pension schemes to "solve the crisis".
No pre-budget article or blog is complete without speculation about the potential for radical reform to pension tax relief. Usually the speculation turns out to be unfounded. But this year we know there will definitely be at least one change to tax relief on pension contributions.