Brace yourselves for three PIPs in a single year

As the dust settles after the second Budget of 2015, we can start to digest the changes that affect financial planning in the future. As much as we talk about continual changes leading to more complexity, there was one change that will make life much simpler for us all: the opportunity to finally say RIP to the elected PIP (Pension Input Period). The PIP was introduced at A-Day in 2006 and although not disappearing altogether from 6 April 2016 it is fair to say that from its 10th birthday, life will become so much simpler. From that date all PIPs will always be measured against th...