RP Poll: Was the government wrong in scrapping the age-related personal allowance?

clock

In this week's quick fire poll we ask: the ‘granny tax' has caused great controversy in the media with many commentators saying it is yet another example of pensioners being penalised.

But do advisers think the government was wrong in freezing the age-related personal allowance for current pensioners and scrapping it altogether for people turning 65 after April 2013? Click HERE to let us know you view. In last week's poll we asked: Should bankrupt individuals be forced to draw their pension pots to give to creditors? It was close, over half (54%) said no, while 46% agreed pensions should not be immune in such cases.

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income

Annuity rates reach 18-year high of 7.75% in July

Annuity rates reach 18-year high of 7.75% in July

Up from 7.66% in April

Sophia Panayi
clock 30 July 2026 • 2 min read
Enhanced annuities: Turning health realities into better retirement outcomes

Enhanced annuities: Turning health realities into better retirement outcomes

'Retirement planning is not about choosing one solution over another but finding the right balance between them'

Mike Batty
clock 20 July 2026 • 3 min read
Robust fact‑finding: Annuities are back but file quality must keep pace

Robust fact‑finding: Annuities are back but file quality must keep pace

'Good quality annuity files tend to have one thing in common: robust fact‑finding'

Shirley Owen
clock 16 July 2026 • 4 min read