Sipp and platform provider AJ Bell has urged the Chancellor to avoid slashing pension tax relief in the Budget after speculation that the Treasury will need to cut pensions relief to make up for shortfalls in revenue and to curtail the rising cost of pre and post-retirement tax benefits.

Changes to pensions and savings could again be on the agenda as a result of the snap General Election, a veteran expert believes.

A Chartered Financial Planner believes a recent Government proposal provides an early warning sign of an end to higher and additional rate pensions tax relief.

A straw poll of readers suggests most believe pension tax relief will be cut within the next 2 years.