The Autumn Statement was packed with changes for the pensions industry, as Chancellor George Osborne sought to reaffirm the fairness of the government's austerity drive by targeting the rich.
Osborne announced a cut to the annual tax-free allowance, reducing it from £50,000 to £40,000 in 2014/15 in a bid to make higher-rate taxpayers pay more. The move had been widely anticipated, bu...
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