Calls to overhaul pension tax relief by scrapping higher rates of relief and setting a so-called "flat rate" "tax relief" are misguided. Such proposals would also face huge practical problems and lead the tax system to become even more complex. Pension tax relief has been criticized as being...

'The Way Out of the Pensions Quagmire' provides an analysis of the current problems of pension provision in the UK and a radical plan for reform. The authors believe that the system of retirement income provision in the UK is so mired in complexity that nothing less than wholesale change is...