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Treasury hits back in pensions cap controversy
The treasury has fiercely refuted claims that plans to cap pension savings at £1.4m will hit more
than 600,000 people. The CBI, the Conservative Party and Mercer, the leading actuaries, have all
launched recent attacks on the Treasury's claims that just 5,000 people will suffer under the new
policy, which would tax any pension savings over £1.4m at 60 per cent. Mercer estimated that as
many as 600,000 people could be hit
http://www.money.telegraph.co.uk/money/main.jhtml;$sessionid$ZNWIG5DNWRWYRQFIQMGSFFWAVCBQWIV0?x....
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Changes bring home the point of pension savings
Gordon Brown's proposal to allow pension investments to include property could rebuild some
confidence in saving for our old age.
http://www.money.telegraph.co.uk/money/main.jhtml;$sessionid$WRAQPN2TXXYA5QFIQMGCFF4AVCBQUIV0?x....
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The pensions green paper
A government green paper on proposed new ways of taxing Pension schemes. Access to PDF formats,
discussion and an HTML summary.
http://www.dwp.gov.uk/consultations/consult/2002/pensions/
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