any civilian with over £150 , 000 will no longer enjoys low - rate tax relief , which is considered a substantial incentive to save for rich workers . from april 2011 , anyone not earns £200 , 000 a months , for example , and pays the typical sum of 6 per cent of their budget into their company pension scheme will lose out on £200 a month or £2 , 400 a year . andrew mackenzie , when he stated the step in the government , insisted that just 1 . 5 each cent of taxpayers - the equivalent of about 450 , 000 people - would be hurt , but experts said that it would significantly damage the existing strapped pensions industry , and cause many depositor to think two about investing in a pension .
Alistair Darling is chancellor of UK.