Pensions: Charitable Donations — Written Question

Question

Sam Carling

Labour — North West Cambridgeshire

To ask the Chancellor of the Exchequer, what assessment her department has made of the potential benefits of allowing direct gifting of pensions funds to charity during a pension holder’s lifetime, in the content of the recommendations in the Final report

Answer

Dan Tomlinson

This is a complex area of pensions tax policy, and any reform would require detailed assessment of its implications for the pension tax system, its administration, consumer protection, and long-term retirement outcomes. The Treasury regularly engages with...

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