Alan Morahan: Taxing times for prudent pension savers

The Chancellor's inaugural Spring Statement did not include any pension policy announcements, which was very much as expected - after all, Philip Hammond had already stated Spring Statements would not be "major fiscal events" but would instead be used to respond to forecasts from the Office for Budget Responsibility. That does, however, mean we still have a budget to look forward to in 2018 that could have implications for pension tax relief. In January 2018, HM Revenue & Customs (HMRC) released forecasts for all forms of income tax relief and indicated the cost of relief for registered ...