[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  JW 🇬🇧 [@FinanceTiger](/creator/twitter/FinanceTiger) on x 2955 followers Created: 2025-07-20 09:12:21 UTC 🇬🇧 I spoke with a banker heading to Frankfurt this morning about addressing the UK’s fiscal “black hole” while securing retirement funds for future generations. He suggested reducing the pension tax relief cap, which has been speculated many times, from XX% to 30%, which could save the Treasury billions. This change would also effectively boost auto-enrollment pension contributions by a further X% without further burdening employers with Auto Enrolment II costs. Killing two birds with one stone! He noted that the UK’s overly cautious approach, opting for austerity instead of borrowing when interest rates were low at 1%, missed opportunities. While fixing relief at XX% would impact those currently benefiting from the 40-45% rate, it could benefit millions more workers in the long run. This could potentially be an option for the Autumn Budget … XXXXX engagements  **Related Topics** [billions](/topic/billions) [tax bracket](/topic/tax-bracket) [retirement](/topic/retirement) [Post Link](https://x.com/FinanceTiger/status/1946860720593019037)
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JW 🇬🇧 @FinanceTiger on x 2955 followers
Created: 2025-07-20 09:12:21 UTC
🇬🇧 I spoke with a banker heading to Frankfurt this morning about addressing the UK’s fiscal “black hole” while securing retirement funds for future generations.
He suggested reducing the pension tax relief cap, which has been speculated many times, from XX% to 30%, which could save the Treasury billions.
This change would also effectively boost auto-enrollment pension contributions by a further X% without further burdening employers with Auto Enrolment II costs. Killing two birds with one stone!
He noted that the UK’s overly cautious approach, opting for austerity instead of borrowing when interest rates were low at 1%, missed opportunities.
While fixing relief at XX% would impact those currently benefiting from the 40-45% rate, it could benefit millions more workers in the long run.
This could potentially be an option for the Autumn Budget …
XXXXX engagements
Related Topics billions tax bracket retirement