News

The risks associated with income drawdown remain despite moves to ease pressure on pensioners in the Autumn Statement, providers have warned.

The government will pave the way for the issuance of ‘super-long' gilts by removing the current maturity cap.

The chancellor's move to cut pension tax relief from £50,000 a year to £40,000 sends a confusing message to pension savers, commentators have said.

Shadow chancellor Ed Balls has condemned chancellor George Osborne's economic plans for failing to meet the government's own targets.

The main rate of corporation tax to fall from 22% to 21% from April 2014, the chancellor said today.

Chancellor George Osborne has announced plans to increase next year's ISA limit from £11,280 to £11,520.

The higher rate tax threshold will go up by 1% in 2014, the Chancellor said today.

Capped drawdown limits have been reinstated at 120% maximum GAD in today's Autumn statement.

The coalition government will not slap a new tax on property, the chancellor said today.

The Treasury is to increase the inheritance tax (IHT) nil rate band by 1% in 2015/16, to £329,000.