These retirees face a 'triple whammy' due to the knock-on impact of tax rates on savings and capital gains.

Industry experts are split on how detrimental the changes will be for investors.

HMRC data shows 36% more people are being pulled into CGT scope since 2019/20.

The reconsideration could switch the focus back towards capital gains tax and inheritance tax.

Advisers discussed potential changes to CGT, pension tax relief and business taxes.

The latest HMRC data shows a 36% increase in people liable for CGT since 2019/20.