No tax key to savings boost

IFA RJ Temple has thrown some interesting research into the debate on how to close the savings gap to fund the future of British pensions after a survey it commissioned showed that consumers overwhelmingly wanted tax concessions in return for increasing their savings pots. Fully a third of those questioned said they would save more if they could be sure of not paying tax on their pensions when it came time to draw on them and that this rose to more than 40% in the 45-54 age group. More than one in five consumers said they would save more if tax relief was given on pensions inves...