We seem to get major pension reform every couple of years now. There's talk of more. The pensions industry is trying to argue against it by saying it will cut the tax take. They haven't convinced me that this is true!
Pension body opposes shift to Isa-style taxation Author alertsLoading data... A radical shift to an Isa-style taxation system for UK pensions would not bring in savings for the government and could instead cut the tax take by 15 per cent, according to the pensions industry.