Labour’s potential tax raid on pensions could see the wealthiest pensioners lose out significantly, according to recent analysis. The proposed changes could see a higher earner’s retirement pot reduced by £80,000 over their working life. The current system allows for tax relief on pension contributions at marginal rates, with basic-rate taxpayers receiving 20 per cent, higher-rate 40 per cent, and additional-rate 45 per cent. However, Chancellor Rachel Reeves is reportedly considering introducing a flat 30 per cent rate of pension tax relief in her upcoming Budget. The move is part of Labour’s…