The Financial Times reports on CPS Research Fellow Michael Johnson’s paper on Workplace ISAs and Pensions ISAs.
To read the full article, visit the Financial Times website.
“Mr Johnson, a research fellow at the Centre for Policy Studies think-tank, argued that a shift from conventional pensions to tax-free Isas would be popular with young people.
“Many eschew pension saving, thereby missing out on tax relief, but engagement with Isas is high,” he said. “Ready access and flexibility is valued above tax relief.”
Mr Johnson’s idea has been considered by figures within the Treasury and comes after sweeping pension reforms were enacted this year.”
To read the full article, visit the Financial Times website.
Date Added: Friday 3rd July 2015
