OpinionMar 29 2023

'Pensions tax tinkering needs political consensus'

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'Pensions tax tinkering needs political consensus'
Jeremy Hunt announced the scrapping of the lifetime allowance in the spring Budget. (TOLGA AKMEN/EPA-EFE/Shutterstock)
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The March Budget’s showstopper – the abolition of the lifetime allowance – caught me, and everyone else, by surprise. In fact, the Budget this year was so without fireworks and so boring that I must admit I actually fell asleep as this seismic news was announced.

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