Labour will today announce a scheme to tackle unemployment by increasing tax on the pension savings of the wealthy.
In response to accusations that Labour is soft on welfare, shadow chancellor Ed Balls will unveil a proposal to reduce tax relief on savings from 45% to 20% if Labour is elected. The £1bn raised...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
