Pensions flexibility must come with stability

Jonathan Stapleton asks if the Budget reforms will improve retirement outcomes

Jonathan Stapleton
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So much changes, yet so much remains the same following this year's budget. On the face of it, the government's plan to scrap restrictions on how people take pensions income is radical

It will allow, from April 2015, anyone over the age of 55 to take their entire pension pot as cash, subject to their marginal rate of income tax. As the Chancellor put it: "Pensioners will have ...

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