Labour urge rejection of pensions plan
Jeremy Hunt’s pensions tax shake-up is “the wrong priority, at the wrong time, for the wrong people”, Labour has said, as it called on MPs to vote against the move. Chancellor Jeremy Hunt used his Budget to abolish the tax-free limit on pensions savings, which had stood at £1.07 million, in one of the most high-profile parts of the package. The Office for Budget Responsibility has estimated it could boost