UK - A Liberal Democrat House of Lords peer has written to the prime minister asking him to justify the proposed £1.4m lifetime limit on pension pots.
Lord Oakeshott wrote to Tony Blair last week questioning the government’s thinking. He claimed the cap would affect hundreds of thousands saving for retirement, rather than the 5000 suggested by t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
