Industry welcomes govt's commitment on pensions

"For too long Brexit has shoved pension policy to the side line, so now we have a government with a commanding majority we hope this is just the beginning of some long overdue legislation in this space."

Concerns were raised when the review of the tapered annual allowance was not included in the supporting documents, but FTAdviser understands this is because the review is not classed as legislation but a consultation on the policy.

The result of the review will be announced in the next budget.

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