Comment and Blogs
While a lot of people are breathing a sigh of relief at the lack of pension reform in the Budget I think we do know a little more of where we stand and that is resoundingly in the middle.
Read more: Mike Morrison: Is the new ISA a pension replacement?
As we approached 6 April this year the press started to look at the ten-year anniversary of ‘A-Day’ – the day on which pension simplification regulations came into force. Their conclusions have, unfortunately, been anything but positive.
Two things have happened at the beginning of this month that will have a major impact on my life.
Read more: Neil MacGillivray: Why can't taxman be more like my puppy?
I would recommend that everyone takes time to read the Green Paper called 'strengthening the incentive to save' – a consultation on pension tax relief.
Read more: Neil MacGillivray: I hope tax relief decisions not already taken
The morning after Budget day found me waking up in my hotel rather down.
Now nominations are nothing new, members have been able to nominate dependants to receive pension death benefits and beneficiaries to receive a lump sum.