Will the Chancellor cut the annual allowance?

Chancellor George Osborne is widely tipped to take action on pensions tax relief

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Chancellor George Osborne is widely tipped to take action on pensions tax relief and cut the annual allowance to £30,000 or £40,000 in today's Autumn Statement.

Yet the industry will still be hoping the Chancellor will increase taxes on the wealthy elsewhere instead of targeting pensions. A move to cut the allowance has been strongly trailed in recent w...

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