Reeves Targets Private Pension Surpluses to Boost Economic Growth

Nigel Holland “Rachel Reeves has unveiled plans to allow businesses to tap into surplus funds from defined benefit pension schemes to drive economic growth. The Chancellor and Labour leader Sir Keir Starmer are engaging with top business leaders, including...

Chancellor Weighs Pension Tax Reforms Impacting Middle-Class Workers

Nigel Holland “The UK Chancellor is considering a proposal to implement a flat 30 percent pension tax relief rate, targeting the pensions of higher and additional rate taxpayers. This change could see up to six million middle-class workers facing an effective 10...