Pension tax relief 'may lead to 2,000 job losses'

Standard Life Ireland have said that a proposal to reduce the pension tax relief from 41% to 33% could mean 2,000 job losses.

Nigel Dunne, distribution director at Standard Life Ireland said: "The proposal to reduce pension tax relief from 41% to 33% could prove to be a 'killer blow' for thousands of hard hit pension savers in the December 9 Budget.