Chancellor scraps pension tax relief overhaul

Reforms put on hold after months of speculation

Jenna Towler
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Chancellor scraps pension tax relief overhaul

Chancellor George Osborne's decision to shelve the planned overhaul of pension tax relief has been backed by industry experts.

A Treasury source told the BBC it was "not the right time" to make changes. The Financial Times said backlash from Tory MPs was also a factor in the decision. The government was considering making widespread...

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