Comment: In defence of pension tax relief

But two in particular caught my attention last week. The first let the British population put the quality of their state pension entitlement into perspective, in that Mexico is the only country in the ‘developed’ world with a poorer salary replacement rate than good old Blighty.  While that might not be the ideal headline for the government, it has a cunning plan…  Auto-enrolment is being rolled out to take care of the issue. The government has been on a clear path to redistribute the responsibility for retirement income from itself to private savers for many years and, while the state ...