• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • ESG spotlight
  • PPTV
  • Newsletters
  • Sign in
  • Events
    • Upcoming events
      event logo
      Risk Reduction Forum 2019

      The Risk Reduction Forum seeks to arm trustees and scheme professionals with practical insights around best practice, and takeaways they can apply to their own scheme

      • Date: 14 Mar 2019
      • Radisson Blu Bloomsbury, London
      event logo
      Rising Star Awards 2019

      Professional Pensions has launched its inaugural Rising Stars Awards to celebrate the emerging talent in pensions

      • Date: 27 Mar 2019
      • Proud Embankment, London
      event logo
      Defined Contribution Conference 2019

      This exclusive one day conference will provide a comprehensive overview of the evolving DC landscape, and examine how Trustees and Pension Scheme Managers can overcome the challenges they face

      • Date: 24 Apr 2019
      • The Bloomsbury Hotel, 16-22 Great Russell St, London WC1B 3NN, London
      event logo
      Professional Pensions & PIC Breakfast Briefing

      This breakfast briefing will take a look at the outlook for the risk reduction market - looking in particular at how schemes can best prepare to conduct an insurance transaction, capacity in the market as well as the key factors that are likely to affect both pricing and demand.

      • Date: 30 Apr 2019
      • The Ned, 27 Poultry, London EC2R 8AJ, London
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up
  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • ESG spotlight
  • Sign in
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
Professional Pensions
Professional Pensions
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
Professional Pensions
  • United Kingdom

'A slip of the tongue' Labour admits Brown's TV gaffe on tax relief

brown-tired
  • Tom Selby
  • 30 April 2010
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
0 Comments

UK - Gordon Brown's suggestion the Labour Party would extend its policy to restrict pensions tax relief to include people earning more than £100,000 was a "slip of the tongue", a Labour spokesman says.

The prime minister provoked confusion last night when he said Labour would "take away tax relief for those above £100,000 at a higher rate" as part of its deficit reduction plan.

The apparent announcement of a new policy in the Leaders' Debate sparked a furious reaction from experts in the industry.

Related articles

  • Government launches mid-life MOT website
  • Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020
  • Government will not 'force pace of change' in AE
  • Pensions and Benefits UK 2019: Programme unveiled
  • Updated: Key dates for pensions

Hargreaves Lansdown head of pensions research Tom McPhail said reducing the pensions tax relief threshold had been discussed prior to the budget - and admitted he would "assume the worst".

Barnett Waddingham partner Clive Grimley claimed the move - which would have affected 304,000 people - would have been an example of "yet another stealth tax".

However, the spokesman insisted the policy in the manifesto - which stated that the measure would apply to those earning more than £130,000 - still stood.

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • United Kingdom
  • Gordon Brown
  • Tom McPhail
  • Hargreaves Lansdown
  • Barnett Waddingham
  • Labour
  • UK Election 2010

Latest stories

Government launches mid-life MOT website

The Department for Work and Pensions (DWP) has launched a website dedicated to signposting people to where they can receive guidance typically associated with a so-called 'mid-life MOT'.

  • Law and Regulation
  • 21 February 2019
Latest issue - 21 February 2019

This week's edition of Professional Pensions is out now.

  • Industry
  • 20 February 2019
Fiduciary Management Trends in 2019 - Q&A with Ben Gunnee

Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019

  • Investment
  • 20 February 2019
Lloyds Bank
Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020

Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.

  • Industry
  • 20 February 2019
Back to Top

Most read

LifeSight becomes first master trust to be authorised by TPR
Lloyds Bank
Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020
Croydon Town Hall
Croydon sets up asset-backed funding to reduce pension contributions
question
Have your say: Should CEOs have to pay into the same staff DB scheme as their workers?
Guy Opperman
Government will not 'force pace of change' in AE
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Privacy and Cookie policy
  • RSS
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017