Labour confirms pension tax relief cut to fund jobs will be in 2015 manifesto

clock

The Labour party has confirmed its policy to restrict higher-rate pensions tax relief to fund job creation will be in its 2015 manifesto, and will run for at least five years if the party is elected.

This comes after Chief Secretary to the Treasury Danny Alexander announced last week that there will be no changes to pensions tax relief in this year's Budget (PP Online, 7 March). The party's ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Pension transfer reform risks falling short without alignment

Pension transfer reform risks falling short without alignment

Patrick Heath-Lay says outcomes for savers could improve if regulators act together

Patrick Heath-Lay
clock 13 February 2026 • 4 min read
Why we need system-wide reforms to modernise how pension transfers work

Why we need system-wide reforms to modernise how pension transfers work

Lisa Picardo calls for reforms including a 10-day ‘Pension Switch Guarantee’

Lisa Picardo
clock 12 February 2026 • 5 min read
CDC beyond the headlines – a focus on intergenerational risk transfer

CDC beyond the headlines – a focus on intergenerational risk transfer

John Southall says CDC’s success will depend on how intergenerational fairness is treated

John Southall
clock 10 February 2026 • 7 min read
Trustpilot