Freedom to choose

The dust will finally settle on the Budget changes to tax relief for pensions, particularly the anti-forestalling rules and at that point we will be able to consider the opportunities that remain.  In the meantime let us not forget that there are a number of key areas that are not immediately affected by the changes, particularly in retirement planning.  Post A-Day we are all aware that from age 50 (55 from 2010) individuals can commence taking benefits from their pension schemes either via an annuity, unsecured pension (USP) or scheme pension, and from age 75, alternatively secured p...