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

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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 compulsory...

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