Budget 2018: Chancellor ignores net-pay pensions tax relief anomaly

It comes despite industry heavyweights urging the chancellor to take action on the net pay tax-relief anomaly earlier this month, which included the likes of former pensions minister Baroness Ros Altmann, and Sir Steve Webb - who is now director of policy at Royal London. Commenting on today's Budget, Now Pensions director of policy Adrian Boulding said it is "extremely disappointing" that the chancellor has chosen to ignore the 1.2 million low-earners in net pay schemes who are missing out on tax relief through no fault of their own. "One of the headline benefits of saving into a wor...