Why higher rate pensions tax relief is here to stay

The discussions claimed tax relief could be cut for all those who pay income tax at the 40% and 50% rate creating a £7bn windfall for the Treasury. Despite this, Hommel said it is "highly unlikely" there would be further changes to pensions tax relief in the short-term. He said: "After endless tinkering to pensions tax and regulation in recent years, and significant changes just introduced this past April, we have been all but promised a period of stability. "Any further changes could see employers and workers walking away from workplace pensions in droves, with trust in the sustai...