The Chancellor has chosen to hit pensions twice as hard as the banks, the National Association of Pension Funds has claimed.
George Osborne announced in his Autumn Statement today that the annual tax-free allowance will be cut from £50,000 to £40,000 in 2014/15, while the lifetime allowance will be reduced from £1.5m to £1.25m....
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.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.