Government Announcements

The government has announced that people will no longer be obliged to buy an annuity with their pensions.

The UK labour market could face a five-year jobs deficit if the growth predictions of the Office for Budget Responsibility (OBR) are just slightly weaker.

Attempts in Parliament to head off the government’s proposed increase in the rate of VAT have been defeated.

It is thought that the government may look at removing, if only temporarily, the autumn pre-Budget Report.

The government has laid out plans to change the way that payments are calculated for final salary pension schemes.

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