Ready. Aim. Hold fire! Osborne thinks twice before targeting pensions

Tax relief overhaul put on hold for now

clock • 5 min read

Ahead of the 2016 Budget, Andy Leggett shares his thoughts on what may, or may not be in the firing line for pensions

First we had the controlled leaks to the press, presumably to test the public's reactions; possibly a bit of calculated scaremongering to make the real plan seem less harsh - perhaps even some false leads to throw former pension ministers. Whatever the motivations, one man must have been loving it: Gordon Brown. Noisy hecklers are not always noted for pearls of wisdom, but three words from one - ‘Gordon Brown moment' - seemed to bring sudden clarity to Tory MPs. They seemed to realise that whichever way they looked at it, this was a highly charged issue likely to cause lasting dama...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

What is Reform UK's stance on pensions?

What is Reform UK's stance on pensions?

Reform UK recently held its 2025 conference at the NEC in Birmingham

Professional Adviser
clock 09 September 2025 • 5 min read
Could dashboards be the answer to Millennial pension apathy?

Could dashboards be the answer to Millennial pension apathy?

The dashboard rollout could be an inflection point

Paul Muir
clock 08 September 2025 • 4 min read
'A challenge that must be faced': Closing the gender pension gap

'A challenge that must be faced': Closing the gender pension gap

Latest DWP gender pension gap figures make 'uncomfortable reading'

Caitlin Southall
clock 05 September 2025 • 4 min read