Time flies when you're having fun: 25 years of pension change

Time flies when you’re having fun

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Mike Morrison looks back at 25 years of pension changes and outlines what to expect from the 8 July Budget

In the last few days I have been reminded of the old adage "time flies when you are having fun" (or something like that!), as I remembered that in the next week or so I will be celebrating 25 years since I decided not to carry on as an independent financial adviser and moved back to work for the technical department of an insurance company. The first task that I was given was to consider the effects of the Barber case on the portfolio of defined benefit schemes that we had (remember the Barber case - EU said pensions were pay, pay needed to be equal - revision to benefits and ages etc). ...

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