Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 24 SEPTEMBER 1999

Stakeholder pensions: the proposed tax regime

KPMG
Explore more from KPMG

United KingdomStrategy

The Government has issued the sixth of its consultation papers on stakeholder pensions. The consultation paper covers the tax regime for stakeholder pensions and the way they will interact with the tax regimes of other forms of approved pension arrangement. The key Government proposals are as follows.

  • There would be a simple integrated tax regime for all defined contribution (DC) pension schemes: stakeholder, personal and occupational (but not pre-1988 retirement annuity contracts).
  • An individual would be able to join any number of DC schemes so long as the overall contribution limit is not exceeded. This new DC regime would be optional for employers’ money purchase pension schemes.
  • Participation would be subject to the adoption of Inland Revenue model rules.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Preparing For The EU Cyber Resilience Act: Key Reporting Obligations From 11 September 2026

The EU's Cyber Resilience Act introduces mandatory cybersecurity reporting obligations for manufacturers of digital products starting September 2026, requiring notification of actively exploited vulnerabilities and severe incidents within strict timeframes. Companies must establish procedures to identify and report security events to national Computer Security Incident Response Teams, with potential fines reaching €15 million or 2.5% of global turnover for non-compliance.
United KingdomStrategy
Goodwin Procter LLP
Goodwin Procter LLP
Article

European Commission Proposes European Innovation Act

The European Commission has unveiled a European Innovation Act designed to strengthen the EU's innovation ecosystem by addressing two critical challenges: limited access to finance for IP-rich businesses and fragmented regulatory frameworks across Member States. The proposal introduces measures including a common IP valuation framework, streamlined R&D procurement procedures, and harmonized regulatory sandboxes to help startups and scaleups commercialize their innovations more effectively.
European UnionStrategy
Lewis Silkin
Lewis Silkin
Article

The SRA’s AI Warning Notice: A Regulatory Wake-up Call, Not A Reason To Step Back

The Solicitors Regulation Authority has issued a warning notice on AI misuse in legal practice, clarifying what responsible adoption looks like. While recognizing AI's benefits for document review, drafting, and research, the regulator emphasizes that solicitors remain accountable for their work regardless of the tools used, requiring proper governance, human oversight, and professional judgment to manage risks like hallucinated citations and confidentiality breaches.
United KingdomStrategy
Gateley Legal
Gateley Legal