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

Direction of travel: What Labour has planned for pensions freedom

Direction of travel: What Labour has planned for pensions freedom

'The targeted support proposal is particularly critical'

Jon Greer
clock 15 July 2024 • 4 min read
Compulsion and choice: Lessons from the Aussie pension system

Compulsion and choice: Lessons from the Aussie pension system

In his latest article for Professional Adviser, Roger Brosch explores what the ‘super’ Down Under means for pensions up here

Roger Brosch
clock 10 July 2024 • 4 min read
Whichever political party wins on 4 July pensions need reform

Whichever political party wins on 4 July pensions need reform

A more bold and ambitious vision will be required

Jonathan Hawkins
clock 02 July 2024 • 5 min read