Brown moots further extension to tax relief restrictions

clock

The Labour Party could extend its restriction on higher rate pensions tax relief to include people earning more than £100,000, Gordon Brown suggested last night.

Labour's pre-election manifesto said it planned to reduce tax relief for the "best off", while chancellor Alistair Darling provoked outrage in this year's budget when he said the party would restri...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pensions campaigner and former WPC chair Frank Field dies aged 81

Pensions campaigner and former WPC chair Frank Field dies aged 81

Field was a former Work and Pensions Committee chair and a welfare champion

Professional Pensions
clock 24 April 2024 • 4 min read
Mortality models 'creaking' under the strain of disruption in the wake of the pandemic

Mortality models 'creaking' under the strain of disruption in the wake of the pandemic

Fall in life expectancy ‘inevitable’ unless changes to the CMI model are made

Jonathan Stapleton
clock 23 April 2024 • 2 min read
Professional Pensions Live 2024: One month to go!

Professional Pensions Live 2024: One month to go!

See which schemes have already registered to attend and reserve your place today

Professional Pensions
clock 23 April 2024 • 1 min read
Trustpilot