The Budget pension freedoms are a tax collection measure set to drive short-term spending with long-term consequences, Punter Southall has argued.
Principal Danny Vassiliades said government figures showed the Treasury would net an extra £1.2bn in tax receipts in 2018-2019 as a result of the reforms. "With this policy, [the Chancellor] is raiding...
Achievements, charity work and other happy snippets
Laughable excuses for persisting
Spent 56 years at Schroders
Warns on profits