Pension tax relief change will not improve savings behaviour - research

The Treasury is consulting on changing the tax relief people get on their retirement savings - from an upfront relief to an Isa-style relief upon withdrawal. But research which asked consumers about the change has suggested the move will not make they save more. The research also backed up previous studies which suggested widespread confusion among savers about pensions.   Don't know the rules Almost two thirds of adults were confused about how much they need to save and where they should save it, while more than half still don't know the rules around accessing their cash in r...