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.
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.
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'.
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.