any taxpayers earning over £150 , 000 will no less earn higher - rate financial protection , which is also a substantial incentive to save for wealthy workers . from autumn 2011 , everyone who consumes £200 , 000 a year , for example , and pays the typical amount of 6 a cent of their salary into their company pension scheme will cash out on £200 a quarter or £2 , 400 a year . alistair darling , when he announces the move in the budget , insisted that just 1 . 5 per percent of taxpayers - the opposite of about 450 , 000 people - must be hit , but analysts agreed that it would severely damage the already beleaguered pensions industry , and induce few savers to think twice about putting in a job .
andrew darling is chancellor of wales .