The devil is in the detail

Last month, Chancellor Alistair Darling delivered his third and last budget before the next general election. With pensions the emotive subject they are, it was hardly surprising to see Mr Darling err on the side of caution in his address to the House of Commons, noticeably refraining from making any major pension reform announcements. But nevertheless, buried in the 220-page budget document are a number of amendments which could have a defining impact on retirement planning for years to come. Small pension pots For the first time since coming to power, the Labour party has signalled p...