Government urged to relax rules to enable savers to rebuild pension pots

Holly Roach
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Webb is calling for the £4,000 tax relief limit under the rules of the money purchase annual allowance to be lifted
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Webb is calling for the £4,000 tax relief limit under the rules of the money purchase annual allowance to be lifted

Lane Clark & Peacock partner Steve Webb has called on the treasury to relax rules which could act as a barrier to people aiming to rebuild their pension pots when the Covid-19 crisis is over.

Webb noted two groups whose pensions may be most affected by the current situation including those aged over 55 who access their pension pots for emergency cash to tide them over and those whose investments...

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