Financial advisers seek certainty on pension taxation

Advisers place emphasis on obtaining clarity regarding pension taxation

Sahar Nazir
clock • 1 min read

Advisers have voiced their strong preference for certainty about pension taxation amidst a backdrop of ongoing policy changes, according to Royal London.

The provider found advisers were more interested in certainty over taxation than any of the other recent pension consultations. This was according to a survey conducted among 99 advisers between 30 August to 6 September 2023. When asked which area of government policy and regulation was of most interest to them and their clients, the majority (61%) of advisers said they wanted certainty on pension taxation. Meanwhile, 12% wanted improving support with retirement and 10% wanted certainty on long term care funding. Policy director Jamie Jenkins said: "The results of this poll are ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Why documentation is king in the world of SSAS

Why documentation is king in the world of SSAS

'SSAS documentation - it isn't just best practice or a fiduciary requirement'

Caitlin Southall
clock 04 July 2025 • 4 min read
Steve Webb: Sceptical advisers should not give up on pensions dashboard

Steve Webb: Sceptical advisers should not give up on pensions dashboard

‘A big mistake to underestimate the impact it will have’

Jenna Brown
clock 03 July 2025 • 3 min read
What role can advisers play in closing the gender pension gap?

What role can advisers play in closing the gender pension gap?

Advisers are uniquely placed to influence the gender pension gap

Olivia Perry
clock 02 July 2025 • 7 min read