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He urged the Chancellor, George Osborne, to pledge the money in next month's Autumn Statement - and make it available from next April.
A further 1.5% is payable from next April.
The change is planned to be introduced from next April.
* The overall Isa contribution limit is to be uprated to £11,520 from next April.
From next April, though, EPFs will be required to value their assets at market price anyway.
A | From next April the national minimum wage will rise from £6.50 to £7.20.
From next April, domestic investors should find it much easier to invest overseas.
3 Announce that incandescent lightbulbs will no longer be sold in the UK from next April.
The future Monarch airline will be one-third smaller, starting from next April.
September inflation figures determine rises in pensions and benefits from next April.
The change is planned to be introduced in Britain from next April.
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