 |
|
 |  |  |  |
Commenting on Labour’s plans to reduce pension tax relief to those earning over £150,000, Chris Noon, partner at Hymans Robertson said: “For any future Government that is looking to raise immediate revenue, limiting pension tax-relief is an easy target. While Labour has drawn the line in the sand at those earning over £150,000, this is an area that we would expect all parties to attack over the coming weeks. |
“While a policy that delivers a quick win for any Government’s balance sheet might seem lucrative, there is unlikely to be any long term gain for society or the economy. With the looming savings gap and substantial reductions in State Pension, the idea of a flat rate tax relief is a more sensible route to pursue.
Commenting on the proposed changes to life time allowance and annual allowance Chris Noon said: “Yesterday’s ONS figures all pointed towards record numbers enrolled in work place pensions, with the tide moving towards defined contribution schemes. But as things stand currently, accrual rates on defined benefit pensions are far more generous, meaning members of these schemes can build bigger pension pots before being penalised by tax. Addressing this issue would be a far better area of focus.
|
|
|
|
| BPA Pricing Lead | ||
| South East, Hybrid - Negotiable | ||
| Valuation Actuary - Remote | ||
| UK, Remote - Negotiable | ||
| Life-changing Pensions | ||
| London - Negotiable | ||
| Investment Specialist | ||
| South East - Negotiable | ||
| Portfolio Pricing Actuary – First Act... | ||
| London - £100,000 Per Annum | ||
| Commercial Longevity Actuary | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| STAR EXCLUSIVE: Actuarial modelling m... | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Data Engineering Manager | ||
| London / hybrid 2 dpm office-based - Negotiable | ||
| Principal Actuary - Bermuda | ||
| Bermuda - Negotiable | ||
| Director - Financial Performance | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Senior Actuary - Broker | ||
| London - £180,000 Per Annum | ||
| Director/Partner - Trustee Pensions | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
| hx Contractor | ||
| London/Remote - Negotiable | ||
| BPA Director - Origination | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Senior GI Actuarial Analyst | ||
| South East / hybrid 2 dpw in the office - Negotiable | ||
| Nearly/Newly | ||
| London - Negotiable | ||
| Life actuarial analyst opportunities | ||
| South East / hybrid 1 dpw office-based - Negotiable | ||
| Life Actuary - Financial Reporting | ||
| South East / hybrid 1 dpw office-based - Negotiable | ||
| EXCLUSIVE: Corporate Pensions Consultant | ||
| Flex / hybrid - Negotiable | ||
| DB Pensions Actuarial Assistant Manager | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
