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Reforming the tiered system of tax-relief—the winners and losers

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Published on: 27 January 2016

Published by a LexisNexis Pensions expert

Table of contents

Original news
Why is the Chancellor considering a major rethink on the taxation of pensions?
What is the thinking behind the current banded structure?
How might a change to a flat-rate system affect pension pots? Who will be the winners and losers?
How would this change affect pensions planning and wealth management?
How does this fit in with the broader pensions reform agenda?
What action should pensions lawyers take at this stage?

Article summary

Pensions analysis: Will George Osborne’s expected abolition of the tiered system of tax relief achieve success? Duncan Buchanan, partner at Hogan Lovells, examines the proposed changes and explores the potential winners and losers of the Chancellor’s likely reforms.

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