Chancellors of the Exchequer like to spring a Budget surprise when they can. Usually the final flourish in the speech to the House, it’s become known as the ‘rabbit out of the hat’ by the media.
Pension changes hidden in the Budget
One or two notable exceptions for self-employed people aside, this week’s Budget from the Chancellor of the Exchequer has been widely viewed as something of a non-event for most people. However there is usually something worthy of note tucked away in the detail, even if the Chancellor doesn’t make it part of his speech…
Pensions cold-calling tackled in Chancellor’s Autumn Statement
The Chancellor used his Autumn Statement to take steps toward banning the practice of cold-calling people about their pensions. At Robert Nicholas Financial Advisers we wholeheartedly welcome this move as a step that could save the retirement pots of tens of thousands of people.
About-turn on annuities is welcomed
Among wide-ranging reforms for pensions announced by the Government last year was a proposal that pensioners would be able to sell their annuities*.
County pensioners resisting the urge to splash out
Shropshire pensioners are resisting the urge to splash out their saved cash even though Government ministers have loosened the purse strings, county financial experts say.
