Saving levels could fall significantly if the government implements a tax change to pensions which would see them treated like ISAs, the chief executive of provider Royal London has warned.
Phil Loney (pictured) criticised the government's suggestion pension tax treatment could be changed so savers contribute taxed income when paying in and receive tax relief when taking the money out further...
The chairman isn’t answering his email
Reforms not enough
An economic cocktail
To encourage consumers to shop around
Will report to Pat Shea