Labour's pension plans receive nervous response from industry

James Phillips
clock • 4 min read

The industry has reacted with concern after Labour revealed its plans to increase income tax, maintain the state pension age at 66, and impose new taxes on investments.

The party's manifesto, published today, also committed to rewriting the Takeover Code to ensure pensions are protected in mergers and acquisitions (M&As) and a hint it would seek greater consolidat...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

UK savers 'highly cautious' with most favouring stability over high returns

UK savers 'highly cautious' with most favouring stability over high returns

Research reveals just 8% of savers are willing to invest in high-risk assets

Holly Roach
clock 16 April 2025 • 1 min read
XPS reports third consecutive year of double-digit growth

XPS reports third consecutive year of double-digit growth

Group says revenue rose 18% in the year ended 31 March

Jonathan Stapleton
clock 16 April 2025 • 2 min read
News Digest: Private equity pauses deals to triage investments

News Digest: Private equity pauses deals to triage investments

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 16 April 2025 • 1 min read
Trustpilot