Original sentence: A commonly reported example resulted in 1997 from a technical change in the way that corporation tax is collected, the indirect effect of which was for the dividends on equity investments held within pensions to be taxed, thus lowering pension returns and allegedly contributing to the demise of some pension funds
Edited sentence: 'the great pension robbery'.A commonly reported example resulted in 1997 from a technical change in the way that corporation tax is collected, the indirect effect of which was for the dividends on equity investments held within pensions to be taxed, thus lowering pension returns and contributing to the demise of some pension funds.Gordon Brown abolished the dividend tax credit for pension funds in 1997.This has been described as.This meant that anyone paying into a private pension fund was now.taxed on the funds earnings