Paying the price

IN recent days I have been trying to contact members of the Labour parliamentary party to get their views on the forthcoming introduction of a levy for all private pension funds and I am still waiting for a reply.

I look at my pension pot as a saving commitment that I am making for my retirement so why should I have to pay a tax on it before I even draw it down?

When I retire my pension will be treated as a disposable income so it is only then that I should be liable for a penalty. I feel that I have been tricked by voting for Labour who made commitments prior to the election. I am sick of politicians in this country at the moment and especially the ones who treat the electorate as some kind of pawn in their silly little mind games. You can not overburden the workers with consistent tax rises and hope to get the economy back on its feet. People with savings could be next in line for this levy, and if that happens we should just throw in the towel.