Pensions: Tax Allowances
Lords · Question HL3074 · Tabled 3 Sep 2026 · Treasury · Official record
Answered 17 Sep 2026
Question
Asked by Lord Kinnock
To ask His Majesty's Government what plans they have, if any, to make pension tax relief conditional upon undertakings by the funds to invest at least 15 per cent of their equity portfolios in British public and private companies.
Answer
Answered by Lord Pitt-Watson, 17 Sep 2026
The Government's approach is underpinned by the Pension Schemes Act 2026, which introduced a package of reforms, including measures to support scheme consolidation, improve value for money and create the conditions for greater long-term investment in prod...