Brown attacked for secrecy over FOI ruling

clock

The Conservatives have criticised the Treasury for being so 'secretive' over information relating to the removal of tax relief on dividends.

The Treasury has appealed a ruling by the independent Information Commissioner which currently forces it to reveal detailed information about the effects on pension schemes of the removal of tax relief on dividends in 1997. George Osbourne, shadow chancellor, says: "Why is Gordon Brown being so secretive? Millions of people have been affected by this decision and deserve to know whether Brown knew in advance the damage this was going to cause to the nation's pensions. What has he got to hide?" On 7 June the independent Information Commissioner ruled the Treasury had failed to comply with...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read