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Prevent government interference in Private pensions to reduce the amount that can be paid

Submitted on Saturday 6th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 4

Tagged with

Draw ~ Pensions ~ Tax

Petition Action

Prevent government interference in Private pensions to reduce the amount that can be paid

Additional Information

Currently the treasury are reducing by 20% the amount private pensioner in income draw down can receive from their pension. This is on top of Mr Browns tax changes he implemented in taxing all private pesion profits in his first budget restricting the amount in which the funda grow.
The above is dicriminatry compared to public sector pensions whose shortfall will be made up by government out out of taxes


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