Pension tax relief in Treasury crosshairs; triple lock 'not under threat'

Riley-Smith reported in The Telegraph that Treasury officials are making plans for a pensions tax raid in the autumn budget to help pay for heightened public spending during the coronavirus pandemic. The article said there were three different pension reforms being considered. One of the ideas includes reducing the pensions lifetime allowance from a little over £1m to £800,000, or £900,000. The second idea mooted was a flat rate of tax relief, while the third involved a new taxation on employer contributions, specifically those who can contribute to their employee's pension pots tax-f...