How the 2014 Budget Affects Pensions

1 April, 2014 | Uncategorized

George Osborne’s budget will be remembered primarily for its total reform of the current pension regime. There are increased to limits for the fiscal tax year 2014-15, but let’s focus on the sweeping changes from 6th April 2015. Simply, pensions come in two types: Defined Benefit Schemes (DB) and Defined Contribution Schemes (DC).  The first […]

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