![]() |
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.
|
|
|
|
Pricing actuary - part-qualified or q... | ||
South East / hybrid 2-3 dpw office-based - Negotiable |
Technical pricing and portfolio manag... | ||
Remote / 1 dpm in the Paris office - Negotiable |
Actuarial Pensions Analyst/Technician | ||
Midlands / hybrid - Negotiable |
Senior Consulting Actuary | ||
Flex / hybrid 2 days p/w office-based - Negotiable |
Specialty Pricing Expert - Cyber | ||
London, 4dpw in the office - Negotiable |
Take the lead in GI Reserving | ||
London - Negotiable |
Financial Risk Manager | ||
South East / hybrid 3dpw in the office - Negotiable |
Senior Consultant/Manager | ||
London - £100,000 Per Annum |
Portfolio Pricing Actuary – First Act... | ||
London - £125,000 Per Annum |
Divorce Actuary | ||
Remote with option to go into the office if required - Negotiable |
DB Pensions Actuary contract work ava... | ||
Remote - Negotiable |
Take the lead in GI Capital Modelling | ||
London / hybrid 2 days p/w office-based - Negotiable |
Pricing Actuary - Global Consultancy | ||
London / hybrid 3 dpw office-based - Negotiable |
Machine Learning Analyst | ||
Remote with occasional days in the London office - Negotiable |
CONTRACT: With-Profits Actuary | ||
London/hybrid - Negotiable |
Actuarial Associate Director - Life | ||
London / hybrid 3 dpw office-based - Negotiable |
Life Actuarial Trainee | ||
South East / hybrid 3dpw office-based - Negotiable |
Pensions Project Consultant | ||
Any UK Office location / Hybrid working - Negotiable |
Pensions Actuary - Fully Remote | ||
Fully remote - Negotiable |
From pensions to insurance - student ... | ||
London / hybrid 2-3 dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.