I am glad former Pensions Minister Baroness Ros Altmann has warned of the potentially huge damage to pension planning a new government move on State Pension Age, literally slipped in to an OBR report, could cause.

They say the only things certain in life are death and taxes. What they never said was that one day the vast majority of UK workers would end up paying higher rate 40% income tax on their earnings, a levy almost unimaginable a few years ago.

The number of higher-rate income taxpayers could double to around two-thirds of all taxpayers by the 2075/6 tax year, according to analysis from the Office for Budgetary Responsibility.

The Office for Budgetary Responsibility (OBR) has warned of the “highly uncertain” reaction to salary sacrifice reforms from both employers and pension savers.