Hargreaves Lansdown

Professional Pensions looks at the impact of falling inflation over the last year

Prime minister David Cameron has pledged to restrict pensions tax relief for high earners if the Conservatives win the general election.

The UK is at risk of slipping into deflation as the Consumer Prices Index (CPI) hit zero for the first time since in February.

Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.

Providers who have cut drawdown charges in the run-up to April 6 to "grab market share" will revisit their decisions in the months to come, suggested LV=.

The Budget 2015 could see the Tories pledge to raise the income tax bracket by cutting the pensions annual and lifetime allowances, according to reports.

A Labour government would cut the annual and life time allowances that people can contribute to their pensions tax free, Ed Miliband has said.

Industry figures have called on the government to raise the bar for schemes that can take automatic transfers of small pots.

Hargreaves Lansdown has unveiled a low-cost drawdown plan, charging no set-up or income withdrawal fees, ahead of the 6 April pensions reforms.

Working out the impact of DB to DC transfers is nearly impossible. Michael Klimes finds out why.