Labour backbencher David Miliband has called for the government to cut pensions tax relief to £26,000 to match the national average wage.
During a Parliamentary debate on the government's benefits cap, the South Shields MP said cutting pensions tax relief further would save the government more money and take from wealthier people tha...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date