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A SSAS provider believes the sweeping changes to pensions in the Budget will lead to more people taking their retirement income early and therefore increase the reliance on the state pension.

A mortgage firm has called for greater freedom in how savers build their pension fund by allowing buy-to-let property to be included in self-invested pension schemes.

A Sipp provider's director has welcomed the Budget, saying it "finally gives people ownership of their pensions".

New powers announced in the Budget will enable HMRC to help prevent pension liberation schemes being registered.

The Chancellor announced a wave of tax changes to Isas, pensions and higher rate thresholds in his Budget speech this afternoon including raising the annual Isa limit to £15,000.

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