Pension tax relief policy is advisers' biggest pre-election worry - research

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The next government's policy on pension tax relief is the biggest worry to advisers ahead of the general election, a survey has found.

Canada Life found six in ten (58%) advisers are worried about the future of pension tax relief, indicating any potential future cuts would cause strife for financial planners. The provider also said auto-enrolment was a high concern for advisers. Some 38% said the policy was a pre-election worry as more employers reach their staging dates. Almost one in three (29%) said they were concerned about policy regarding the Retail Distribution Review (RDR) and more than one in four (27%) listed any changes to inheritance tax (IHT) rules as a worry. One in five (22%) listed annuity regulati...

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