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Pension Industry Poll Says Tories Best for Pensions

06 May 2010

Pensions Insight has polled pension managers and consultants on their preferred election when asked the question "Which political party would be best for the pensions industry?". According to the polls a Conservative victory would be the best for occupational pensions, winning 49% of the votes.

"It is clear that many of our readers believe the Conservatives have the most friendly policies for occupational pensions, in particular the pledge to reverse the abolition of dividend tax credits," said Pensions Insight editor Bob Campion. "Labour is offering business as usual, and the Liberal Democrats propose a far more radical strategy, including scrapping higher rate tax relief on pensions."

While the Tories came out top in the Pensions Insight reader poll, Labour was in second place on 21%. The Liberal Dems were tied with the "None of the above" option on 15%. Readers who supported the Lib Dems wanted a more re-distributive approach to taxation, while Labour voters back the current programme of pensions reform, and Conservative supporters wanted a tough approach on the economy, plus a positive approach to pension saving. The remainder had little confidence in the three main parties and elected for the "None of the above" option.

Pensions Insight - Pension Industry Poll

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