George Osborne announced flexible way to save in 2016 Budget
Announcement expected in the Budget
The government has introduced an income tax exemption for regulated financial advice provided as part of employer-led transfer exercises from defined benefit (DB) to defined contribution (DC) pension schemes.
The 2015-16 tax year will be split into two mini tax years for the purposes of the annual allowance as part of transitional rules, the government has announced.
A shift from an 'EET' to a ‘TEE' tax system could save the government £10bn a year, academic Michael Johnson has said.
Pensions minister Ros Altmann has pledged to ‘clear up' confusion over the new state pension.
Frank Field has been elected as chairman of the House of Commons Work and Pensions Committee.
How pensions tax relief has been slashed since 2006