any taxpayer income over £150 , 000 will no still enjoy low - rate taxation relief , which is considered a substantial incentive to protect for wealthy workers . from april 2011 , anyone whom earns £200 , 000 a year , for example , and spends the typical amount of 6 per cent of their salary into their employee pension programme will lose out on £200 a month or £2 , 400 a way . geoffrey crisp , when he announced the switch in the treasury , asserted that just 1 . 5 per million of taxes - the equivalent of about 450 , 000 people - could be hits , but doctors argued that it will deeply ruin the already bolster pensions industry , and cause many savers to think twice about investing in a pensions .
Alistair Darling is chancellor of UK.