Displaying items by tag: Budget
Friday, 27 November 2015 11:56
'Ominous' signs of bloody nose coming on pensions tax relief
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.
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Monday, 07 September 2015 11:39
'Pensioners to have £15 more than they need per week in 2020'
Pensioners will have £15 more in 2020 than they need every week to afford a decent standard of living, according to a report assessing the impact of the summer Budget.
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Wednesday, 08 July 2015 15:22
'Radical' pension and ISA reforms green paper launched
George Osborne has opened up the possibility of “radical reforms” which could mean pensions become taxed like ISAs.
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Wednesday, 18 March 2015 15:01
Annuity sell on for cash plan gets Budget rubber stamp
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.
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Thursday, 12 March 2015 13:05
Annuity re-sales could be in next week's Budget
The final Budget of this Parliament may feature plans which could lead to a new market in second-hand annuities.
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Wednesday, 11 February 2015 17:04
Sipp specialist predicts a boom in trivial commutation
Pension actuaries are predicting a significant rise in the number of 'trivial commutations' to support pension scheme de-risking plans.
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Friday, 14 November 2014 12:35
Soon to be retirees turn to advice in rising numbers
Advisers have reported a significant jump in clients seeking advice since the sweeping reforms to pensions were announced in March.
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Thursday, 06 November 2014 10:53
Retirees 'at risk' when reforms come, warns pensions boss
Pensioners who are unable to get regulated financial advice are "at risk" when the Budget reforms take effect next year, a pensions firm boss has said.
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Friday, 26 September 2014 12:16
Advisory firm blasts Government over 'guidance tax'
A Financial Planning firm has hit out at the costs facing advisers to fund the new retirement service pledged by the Government in the Budget, labelling it the 'guidance tax'.
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Thursday, 11 September 2014 12:20
Smaller pension pot customers take cash lump sum
The latest annuity data has suggested customers with smaller pension pots have immediately started to use the new freedoms to take their cash lump sum, according to the ABI.
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