Member Article

LEBC welcomes Government clarification on pensions

National IFA, pensions and employee benefits consultancy, LEBC Group welcomes Government clarification that there will be no change in this year’s Budget to pensions tax relief.

Jack McVitie, Chief Executive of LEBC Group said, “Following the significant reforms already implemented last year which have made pension savings more flexible at retirement and the successful and continuing expansion of provision through workplace it would be too ambitious to introduce further reform immediately.

“That said, we are keen to participate in further debate about how to extend access to long term savings to a greater number of people and tax reforms may have a part to play in that.

“As the retirement planning adviser to thousands of employers and private individuals we are keen to extend access to advice to more individuals and are investing in both our staff and technology to achieve this.”

This was posted in Bdaily's Members' News section by LEBC Group Ltd .