Govt ignores pension tax lock call as petition responses top 18,500

The petition launched by AJ Bell called on the government to promise not to make significant pension tax changes to enable people to plan with confidence. The government had to respond when it got 10,000 signatures. The petition said: "The chancellor should introduce a pension tax lock: a commitment not to reduce the amount people can withdraw from their pension tax-free or the amount of tax relief given on pension contributions. We believe this would help ensure retirement savings are protected and people can save with confidence." The HM Treasury response refused to confirm any plan...