The government has delayed the launch of a secondary annuity market amid concerns about consumer protection, it has said in its Budget document out today.
A shift from an 'EET' to a ‘TEE' tax system could save the government £10bn a year, academic Michael Johnson has said.
The government is extending access to its 'free and impartial' retirement guidance service Pension Wise to those aged 50 and above.
Pension green paper: The eight key questions
The government has said it will close the scheme set up to compensate Equitable Life savers to new claims in December.
Chancellor George Osborne is to publish a green paper to seek feedback on a plan to make "pensions more like ISAs".
High earners have had the tax relief on their pension contributions cut in today's Summer Budget.
George Osborne has confirmed the inheritance tax (IHT) threshold will increase to £1m for couples funded by a pension tax relief cut for people earning more than £150,000.
Welcome to Professional Adviser's as-it-happened coverage of the summer Budget 2015 - with a slant, as always, towards those announcements, issues, outcomes and views affecting UK financial advisers...
Five key announcements advisers can expect from George Osborne