There are ‘ominous’ signals over pensions tax relief that a ‘bloody nose’ is still to come despite the Chancellor’s silence on the subject yesterday, industry figures have warned.
Chancellor George Osborne has confirmed in his Budget today that 5m people will get the freedom next year to sell on their annuities for cash.
The Chancellor's Autumn Statement could herald further announcements about changes to pensions, annuities and the death tax this afternoon.
A retirement planning expert has called on the Government to avoid making further changes to pensions at next week's Autumn Statement.
I have to say I like a good jigsaw puzzle but there is nothing more frustrating when pieces are missing. George Osborne's announcement on the 29 September on changes to defined contributions death benefits turned out to be just like that.
A Sipps firm has attempted to simplify the major announcement on death tax changes made this week by creating an explanatory graphic for use by advisers.
Annuity rates have had their first monthly rise since the bombshell Budget announcements, new figures have shown.
Young workers in their early 20s may face having to work until they are 70 if the Chancellor announces a higher retirement age in his Autumn Statement today.
Full summary of Autumn Statement announced by George Osborne today including all the figures relating to pensions and tax allowances.
Financial Planning firms and providers have given a mixed response to today's announcements made by Chancellor George Osborne in his third Autumn Statement.
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