UK - The Conservative party has pledged £1.7bn a year in pension tax relief as part of a new pension policy which it hopes will incentivise people to save more for retirement.
Unveiling the policy, party leader Michael Howard said for every £100 saved, a Tory government would contribute an additional £10 to the pension pot. He said the new policy would benefit about 1...
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