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United Kingdom · Question · Written question

UIN 166290

Doctors: Workplace Pensions

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

15 March 2023

Last action

20 March 2023 · Answer

Status

Answered

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Discovery layer

Source updated

20 March 2023

Summary

To ask the Chancellor of the Exchequer, what the (a) total cost and (b) estimated financial benefit to doctors is of the policy to abolish the lifetime allowance on pension savings.

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Timeline

  1. 15 March 2023

    Written question

    To ask the Chancellor of the Exchequer, what the (a) total cost and (b) estimated financial benefit to doctors is of the policy to abolish the lifetime allowance on pension savings.

    Source: Commons

  2. 20 March 2023

    Answer

    As published on Budget Day, the total cost of the removal of the lifetime allowance charge from April 2023 and full abolition from April 2024 will be £2.75 billion over the scorecard period. This can be found on page 14 of the Policy Costings document. ht...

    Source: Written answer

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