Summary
PENSIONS minister Stephen Timms yesterday confirmed there was no regret in the government's decision to tax company pension schemes to the tune of GBP 5 billion a year.
Speaking at the CBI Scotland Pensions Seminar in Edinburgh, the minister of state for pensions reform added that Chancellor Gordon Brown's move in 1997 to remove the GBP 5bn tax credit was having less effect as schemes changed their investment mix.See the full content of this document
Extract
Timms Defends Brown Pension Raid
"The value of the decision is slowly being eroded as companies move ...
See the full content of this document
Sponsored links
