Income

The changes to alternatively secured pensions announced in the Pre-Budget Report "smacks of legalised theft", according to AJ Bell Group.

If the government decides to abolish or alter alternatively secured pensions in the pre-Budget Report, pensioners will be left with no choice but annuities past the age of 75, but are these still a viable proposition?

Over 40% of advisers think the Treasury will leave Alternatively Secured Pension as it is.

The government may not have the option of withdrawing a person's right to hold an alternatively-secured pension as doing so could risk prosecution for religious discrimination.