Labour

Non-domiciled residents' contributions to the UK Exchequer have been defended after Labour leader Ed Miliband confirmed his party would abolish the 'non-dom' tax status if it came to power following next month's general election.

Neil Woodford has said next month's general election could mark the beginning of years of uncertainty for UK investors.

The stakes are high for investors as the 2015 UK general election draws near. Labour's interventionist approach and the prospect of a referendum on EU membership are both causing concern, but which 7 May outcome would be best for investors?

Providers have said a charge cap on income drawdown, as proposed by Labour leader Ed Miliband, is "unnecessary" and a "solution to a problem that does not even exist".

The next government cannot afford to wait until 2017 to review minimum auto-enrolment contributions, according to pensions minister Steve Webb.

Labour will cap the pensions lifetime allowance at £1m and restrict the annual allowance to £30,000 to help fund a £2.7m reduction in tuition fees if elected, it has announced.

Labour will carry out a comprehensive review of tax planning schemes, including the use of deeds of variation on wills, should the party get to power following the general elections, shadow chancellor Ed Balls has said.

A Labour peer has attacked the annuity market, claiming it "plays fast and loose" with the regulatory framework.

Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".

More than 100,000 owners of valuable homes would have to pay an average of almost £1,000 a month under Labour's mansion tax plans.