Chancellor George Osborne has launched a consultation on extending pensions freedoms to pensioners who have already bought annuities.
Chancellor George Osborne has confirmed the lifetime allowance will be reduced from £1.25m to £1m, netting the Treasury an extra £600m a year.
What will the be the major developments for pensions?
Plans to allow pensioners to sell their annuities for cash must be considered carefully to prevent rip-offs and poor deals, industry participants have warned.
Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.
The twin regulatory regime governing the pensions landscape could end up confusing scheme members over their at-retirement choices after April, experts say.
The Budget 2015 could see the Tories pledge to raise the income tax bracket by cutting the pensions annual and lifetime allowances, according to reports.
Mark Twigg says the complexion of the next government will be decisive in shaping pensions policy
JLT’s Mark Wood says the government has hugely underestimated the number that could cash out after April
Jonathan Stapleton asks three leading employers about the changes they are making to DC investment strategies in light of the pension flexibilities and charge cap which will come into force in April.