Abstract

In December 2002 the UK Government published simultaneously a Green Paper, which outlined proposals for possible changes to, and simplification of, statutory provisions applicable to occupational pension schemes; and a consultation paper, which proposed radical changes to the statutory basis for the taxation of pension schemes and pension benefits. This paper examines the proposals put forward in the former, identifies suggested options for change, and comments on the impact which adoption of the different alternatives might have on future pension arrangements and design.

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