Andrew Megson: How can the government restore faith in pension policy?

Crisis of confidence

clock • 4 min read
"Uncertainty surrounding pension policy has become an accepted reality by UK savers throughout the previous decade. However, Covid-19 appears to have placed many pension policies under a very real threat." - Andrew Megson
Image:

"Uncertainty surrounding pension policy has become an accepted reality by UK savers throughout the previous decade. However, Covid-19 appears to have placed many pension policies under a very real threat." - Andrew Megson

As the government tries to recoup the cost of the pandemic could generous pension tax policy be in the firing line? Andrew Megson says the ripple effect of change is a crisis of confidence that needs to be addressed...

Uncertainty surrounding pension policy has become an accepted reality by UK savers throughout the previous decade. However, Covid-19 appears to have placed many pension policies under a very real threat....

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Pensions

NHS pension scheme reissuing statements after 2,800 errors

NHS pension scheme reissuing statements after 2,800 errors

Incorrect statements issued

clock 19 May 2022 • 2 min read
Laura Suter: "While lots will think that they have ages before they plan to retire in which they can make up those missed contributions, we all know that it's the money you pay in during your 20s and 30s that really boosts your pot when you come to retire."

Laura Suter: Pension contributions under threat as cost of living crisis grows

Belt tightening

Laura Suter
clock 18 May 2022 • 3 min read
DB schemes hit record health high - LGIM

DB schemes hit record health high - LGIM

Schemes expect to fund 98.5% of accrued benefits

clock 12 May 2022 • 1 min read