Chancellor George Osborne used his fifth Budget speech to unveil an unprecedented package of pension reforms, clearly stating "no one will have to buy an annuity" in the future. Here, we round up all the important measures and outline what's happened since...
Speaking on 19 March 2014, Osborne said some 13 million defined contribution (DC) savers were being railroaded towards buying an annuity with their pension savings but this would end from 6 April 2015....
IA Public Register data
Trustees fear breaking the rules
‘A lot of work to do’
‘Little understood’ system
George Osborne's baby
Whether it's because we had to or wanted to, lockdown gave us all the opportunity to do things differently. But which of these new habits are likely to remain part of everyday life? Simon Goldthorpe shares his thoughts...
Transfer did not proceed
UN's 17 social development goals
Expects market to 'remain volatile'
2.5% widely expected