Budget 2014

HM Revenue & Customs (HMRC) will get extended powers to tackle pensions liberation in the Finance Bill 2014.

'It's the only thing I'm nervous about': What IFAs think of the Budget pension changes

The government will ban public sector workers from transferring pension pots to defined contribution (DC) arrangements and is considering similar restrictions on private sector schemes, it has announced.

No one will have to buy an annuity, the Chancellor of the Exchequer has decreed.

The reduction of the withdrawal tax rate from 55% to an individual's marginal income tax rate will increase tax income by £1.2bn a year by 2019, Budget documents show.

Pensioners will be able to buy bonds from the government with ‘market leading rates' to a maximum investment of £10,000, the chancellor has announced.

Everything advisers need to know about Budget 2014's 'wow' pension changes

The 40% income tax threshold will rise this year and next, Chancellor George Osborne has said in the Budget.

Everything you need to know about Osborne's pensions revolution

The tax-free allowance - already set to rise to £10,000 this April - will be further increased to £10,500 from next year, George Osborne has announced in the Budget.