Tax relief

On the eve of the closure of the government's review of pension tax relief, experts are calling for the simplification of current proposals.

Senior industry figures are pleading for an early government announcement on pension tax relief restriction rules because "time is running out" for employers to implement changes.

Lib Dem Steve Webb's appointment as pensions minister has raised fears his party's stance on higher rate tax relief on pensions could see the benefit scrapped.

Tax on pension contributions could affect those currently earning £100,000 a year by 2020, Towers Watson has warned.

The Government is looking into scrapping the compulsory retirement age, Alistair Darling says.

A change to pension anti-forestalling rules could restart the pension transfer market for high earners.

The basic pension contribution allowance could be the next target in the Government's plans to cut pension relief, according to Tom McPhail.

Employer pension contributions will not be taxed under anti-forestalling measures, HMRC has confirmed.

As many as 150,000 additional people will be caught out by the extension of higher-rate tax relief restrictions.

AXA has made a submission to HM Treasury in preparation for the forthcoming pre-Budget report (PBR).