IFS

Savers facing ‘stark’ challenges managing DC pots in retirement

Likely that taxes could be raised further, thinktank director warns

Think tank calls on the government to ‘end and reverse’ the proliferation of small pots

Made the recommendations ahead of Autumn Budget on 30 October

Report includes recommendations on AE earnings thresholds, contributions and legislation

Think tank says there are better indexation options

IFS finds employees do not capitalise on opportunities to boost savings

IFS says current system gives advantages to high earners

Institute says reforms could raise revenue and cut income tax avoidance