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Pension tax change – what effect the IFS proposals?

6 February 2023

The Institute for Fiscal Studies has set out a series of proposals to reform the pensions tax system, including overhauling the 25% tax-free lump sum. In its report ‘A blueprint for a better tax treatment of pensions’ published on 6 February 2023, the think-tank said the current pensions system does little to support the...