In the 2014 Budget statement, chancellor George Osborne announced the biggest shake-up to pensions in more than a decade – revealing that savers would be able to access their entire pension pot without taking an eye-watering 55 per cent tax hit.
But is drawing down your pension really the right thing to do?
This issue is a must-read for anyone who wants to know more about the realities of George Osborne’s Budget changes to pensions. Are they really all they’re touted to be?
We ask whether annuities have any place under the new pension rules, reveal some of the best investment trusts for your pension and investigate whether it’s a better idea to help your kids get on the property ladder or kick-start their pension.
You can download your FREE issue via iPad, iPhone, Android tablet or PDF.
Escape the pensions labyrinth: Download the latest issue of Investazine today
06 June 2014
Pensions have been given a get-out-of-jail-free card, but will the new rules really help savers in the long-run?
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