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Preston-based financial advisory group Taylor Patterson is warning business owners not to forget about VAT when purchasing a commercial property through their pension.

Towers Watson, the consultancy firm, has voiced concern about the impact of the Chancellor's reductions in pension 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.

Full summary of Autumn Statement announced by George Osborne today including all the figures relating to pensions and tax allowances.

The Chancellor has finished his third Autumn Statement in the House of Commons at 1.21pm, with cuts to the pension contribution limits and the lifetime allowance.

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