Beware the government’s pension grab

684-cover-150Relaxed about the pension lifetime allowance and its implications for your retirement planning? Then it’s time for a wake-up call, says James Ferguson.

Chancellor George Osborne has enjoyed an unusual amount of adulation in the days since last week’s Budget speech. He has been praised for increasing the amount of money that can be saved in individual savings accounts (Isas), and for making pensions far more flexible.

I’d agree that all of these changes are good individually, but there’s one crucial aspect of the pensions regime that Osborne did [...]

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