The government's tax relief consultation could result in a "pension implosion" which derails the long-time aim of getting people to save for retirement, according to the National Association of Pension Funds' (NAPF) chairman.
Addressing delegates at the NAPF Annual Conference, Smith said proposed tax change could "dig up and smash the foundations set to create a society of lifetime savers putting pressure back on our ageing...
Paul Bruns and Elaine Parkes
3,000 left to transfer
Record numbers of people aged 90 plus
From 3 to 10 October