Strengthening the incentive to save: consultation on pensions tax relief
This consultation has concluded
Download the full outcome
Detail of outcome
This document summarises the responses received from the 450 respondents to the consultation.
This consultation ran from
This consultation invites views on whether there is a case for reforming pensions tax relief.
Ref: ISBN 9781474123013, PU1827, Cm 9102 PDF, 523KB, 29 pages
This file may not be suitable for users of assistive technology. Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email firstname.lastname@example.org. Please tell us what format you need. It will help us if you say what assistive technology you use.
Ref: ISBN 9781474123020, Cm 9102 PDF, 589KB, 30 pages
The government wants to make sure that the right incentives are in place to encourage saving into pensions.
The government is therefore consulting on whether there is a case for reforming pensions tax relief to strengthen incentives to save and offer savers greater simplicity and transparency, or whether it would be best to keep with the current system.
Once the consultation closes on 30 September 2015 the government will consider all responses and publish a ‘summary of responses’. This will set out how the government intends to proceed.
The government would particularly, but not exclusively, be interested to hear from:
- consumer groups
- providers of pension products
- the wider pensions industry