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Lib Dems: Treasury got £1.4m numbers wrong

The Liberal Democrats have lashed out at the Chancellor following the release of today&#39s National Audit Office report into the £1.4m lifetime contribution limit for pensions.

Lib Dems pensions spokesman Lord Matthew Oakeshott has said even though Gordon Brown “rigged” his own question, the result shows twice as many will be affected by the cap than the Government contended.

He says: “Even on Gordon Brown&#39s own rigged and narrowly defined question, twice as many people are effected as the Treasury initially said.

“When assessing the impact of the pensions lifetime allowance, it&#39s not enough to only look at the amount of extra people affected. A look at the total number of people affected in the next few years shows the truer, bigger picture.”

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