08 February 2010
According to Tom McPhail, Head of Pensions Research at
Hargreaves Lansdown, a pension tax break which allows people to
invest £3,600 a year in a private pension for non-working
spouses and children could be abolished in the next Budget.
Mr McPhail, warned that, as the tax break is most commonly used
by wealthy families, it could be an easy target for the
Chancellor.
