Extraordinary times call for relaxation of rules

While current volatile investment markets affect everyone particular care needs to be paid to those people rapidly approaching retirement age. Movements in the market can have a crippling effect on these savings and leave people who have carefully planned their retirement income with little hope of recouping their losses. This issue is particularly acute for those who are approaching their 75th birthday. While alternatively secured pension (ASP) is one option for those looking to stay invested in the market the punitive tax charges can put many people off. As a result many people will feel ...