Debate on waiver

The Government is looking at changing the rider benefit contribution regulations in light of its proposed defined contributions pension regime The need for waiver within personal pension products may have lessened as a result of the Inland Revenue's proposed regime and the industry's view is being taken on whether or not the inclusion of premiums within the pension is too complex Waiver, along with life insurance, has typically been sold as part of a pension so that it can obtain the same tax benefits up to a limit. This has been limited to no more than 5% of earnings for life assurance a...