Birminghalm Mail
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Four ways Rachel Reeves could target pensions in the Autumn Budget in November have been revealed. The Labour Party Chancellor will deliver her Autumn Statement on November 26.
Sean McCann, chartered financial planner at NFU Mutual, warned that this “large expense to the Treasury” could make pensions an attractive target.
He said: “Chancellor Rachel Reeves may look to reduce this cost, particularly as the lion’s share goes to higher and additional rate taxpayers." NFU Mutual outlined four main ways the Chancellor could look to cut pension tax costs in the Autumn Budget on November 26.
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Tom Selby, AJ Bell’s director of public policy, said: “Pension savers across the UK have sent a clear
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