Chancellor George Osborne used his fifth Budget speech to unveil an unprecedented package of pension reforms, clearly stating "no one will have to buy an annuity" in the future. Here, we round up all the important measures and outline what's happened since...
Speaking on 19 March 2014, Osborne said some 13 million defined contribution (DC) savers were being railroaded towards buying an annuity with their pension savings but this would end from 6 April 2015....
Third day of election campaign
The chairman fears investors could think the regulator endorses passives
Calls on advisers to use stats to promote protection
Labelled a ‘stealth tax’