Savers should consider topping up their pension pots now in anticipation of further tax relief changes rumoured to be in this year's Budget, a consultant says.
Rumours Chancellor George Osborne will announce further tax restrictions on pension savings on 21 March could come with anti-forestalling laws, making the changes applicable from the day of the announcement....
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.