Budget Update on Pensions

Budget Update on Pensions

Great News, this will allow clients greater accessibility on how they access their pension funds.

Pensioners will soon be free to do what they like with their retirement savings after the chancellor promised to scrap compulsory annuities in a bombshell for the pensions industry. The move almost immediately wiped £5bn off the value of shares in the firms that provide annuities – and provoked fears of a fresh buy-to-let boom as pension pots are used to buy property as a retirement income.

For full article please read here

Budget Update - pensions
Budget Update – pensions