How can VCTs complement retirement planning?

There was a highly significant announcement contained within the Chancellor's Autumn Statement that looks set to have a major impact on how people choose to save for their retirement. The government announced that from 2014 the annual allowance for pensions savings will be reduced to just £40,000. This reduction is not only going to affect high earners, but also the self employed, workers with a final salary pension scheme, and anyone who has left it late to build a pensions pot and is trying to catch up in their later years. Add to this list a lot of middle-income earners who have re...