In the lead up to the Spring budget there was a fair amount of speculation about what major (negative) changes were going to be made to pensions.
I try to avoid speculating on the outcomes of the Budget. However as this year’s fast approaches one can’t help but take a great deal of interest on the various views being expressed on what will be the aftermath of the Green Paper – Strengthening the incentive to save: a consultation on pension tax relief. So I think this time I will take a punt.
Two things have happened at the beginning of this month that will have a major impact on my life.
Now nominations are nothing new, members have been able to nominate dependants to receive pension death benefits and beneficiaries to receive a lump sum.
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