Sheriar Bradbury: It's time for flat rate pensions tax relief

Come April next year, pension investors will see the axe fall on their annual and lifetime allowance. In a bid to protect the government coffers, the chancellor announced a reduction in the lifetime allowance from £1.5m to 1.25m and the annual allowance from £50,000 to £40,000. It marks the second time that Osborne has slashed the amount people can save into their pensions since his appointment in May 2010, and has inevitably prompted a wave of debate among investors. But, while some may view a reduction in the amount people are allowed to save as a step in the right direction for ...