Ready. Aim. Hold fire! Osborne thinks twice before targeting pensions

Tax relief overhaul put on hold for now

clock • 5 min read

Ahead of the 2016 Budget, Andy Leggett shares his thoughts on what may, or may not be in the firing line for pensions

First we had the controlled leaks to the press, presumably to test the public's reactions; possibly a bit of calculated scaremongering to make the real plan seem less harsh - perhaps even some false leads to throw former pension ministers. Whatever the motivations, one man must have been loving it: Gordon Brown. Noisy hecklers are not always noted for pearls of wisdom, but three words from one - ‘Gordon Brown moment' - seemed to bring sudden clarity to Tory MPs. They seemed to realise that whichever way they looked at it, this was a highly charged issue likely to cause lasting dama...

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