Budget 2014

What Australia can teach us about trusting the public with pensions

Changes to drawdown limits set out in yesterday's Budget give advisers just two weeks to reassess and take necessary action for clients needing fixed protection 2014, according to Dentons.

The Budget ushered in massive changes in the retirement income space. Helen Morrissey asks what this means for the industry.

Standard Life has cut its income drawdown minimum from £50,000 to £30,000 in response to yesterday's Budget announcement.

A scheme allowing pensioners to top up their flat-rate state pension through voluntary National Insurance contributions (NICs) is expected to raise £850m over two years.

An exclusive plain-English print-out guide to give to clients

George Osborne's fifth Budget revealed a raft of retirement income reforms giving pension savers freedom of choice.

Many providers have welcomed the extra flexibility brought by George Osborne's raft of retirement income reforms but the majority have cautioned about giving savers too much, too soon.

Today's Budget pension reforms will not irreparably damage the annuity market says Just Retirement's customer insight director, Stephen Lowe.

'Have a nice day': Exclusive Steve Bee Budget cartoon