Pension Tax Relief Cut Would Prompt Middle Class to Move Pensions Overseas

The Caithness Business Index has posted the following article:

Pension Tax Relief Cut Would Prompt Middle Class to Move Pensions Overseas

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The scrapping of higher-rate tax relief on UK pensions would prompt more middle class earners to transfer their pension pots out of Britain, says the boss of one of the world's largest independent financial advisory organisations. Nigel Green, the founder and chief executive of deVere Group, is commenting after speculation grows that after the next general election, this tax benefit will be cut - whichever political party takes power. [Read Full Article]