Pensions minister calls for 30% tax relief - again

Adrian Holliday
LibDem Annual Conference
LibDem Annual Conference

Pensions minister Steve Webb has again claimed pension tax breaks favour the better off and reiterated calls for a flat-rate pension saving rate of 20-30%. Such a move, it's claimed, would broadly be neutral for the Treasury. The Centre for Policy Studies has also called for change, including a 50p boost for every £1 saved.

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