Chancellor eyeing shake-up of pensions tax relief in Budget - reports

AJ Bell says constant speculation 'damaging confidence' in the system

clock • 2 min read

The Chancellor of the Exchequer Sajid Javid is understood to be considering cutting pensions tax relief to 20% in his March Budget, according to the Financial Times.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Friday Briefing: Habemus Chancellor!
UK

Friday Briefing: Habemus Chancellor!

Friday Briefing

Cristian Angeloni
clock 27 July 2026 • 3 min read
Lucy Rigby re-appointed as City minister in Burnham government
UK

Lucy Rigby re-appointed as City minister in Burnham government

Replacing Rachel Blake

Cristian Angeloni
clock 22 July 2026 • 1 min read
UK labour market and public finances among 'many challenges' for Andy Burnham
UK

UK labour market and public finances among 'many challenges' for Andy Burnham

Rate rise not off the table

Michael Nelson
clock 21 July 2026 • 2 min read
Trustpilot