Osborne plans to make 'pensions more like ISAs'

In the Budget today, Osborne said it was time to focus on those who were beginning to save for a pension. He suggested people could pay into a pension with taxed income and then this could be saved tax-free. They would also receive a government top-up. The move follows changes in last year's Budget to allow retirees to access more of their pension without the need to buy an annuity. He said: "Britain isn't saving enough. I am open to radical change - pensions could be treated like ISAs. "I am today publishing a green paper. Our goal is clear we want to move to economy built on d...