Lib Dems pledge pension tax relief review; commit to triple lock

Promise second EU referendum

Tom Ellis
clock • 2 min read

The Liberal Democrats have pledged to review the case for a single rate of pensions tax relief and committed to maintaining the triple lock in their election manifesto.

The party, which suffered in the 2015 election when it was left with just eight MPs, has also said it will raise all income tax by 1p to raise £6bn for the NHS and social care services and promised its flagship policy of delivering a second EU referendum following the conclusion of Brexit negotiations. The party said increasing life expectancy is bringing challenges to long-term savings and future pensioners may need an income that can last up to 40 years. If elected, it would "establish a review to consider the case for, and practical implications of, introducing a single rate of tax...

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