Skandia fears further curb on pension relief

Stodell, Hannah
July 2009
Money Marketing;7/9/2009, p3
The article reports on the speculation of insurance company Skandia Insurance Co. Ltd. that the government will restrict higher-rate tax relief on pensions in Great Britain. Skandia warned the financial services industry of the possibility especially in times of struggling economy for the government to raise revenue. The forecast reflects the government effort in balancing the economy and protect it from the threatening impact of recession.


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