Pensions, savings and investments

Business groups have given a largely positive reaction to the emergency Budget.

Not for a political generation or two has a Budget generated such intense interest. Pre-announcements by the Coalition Government had prepared everyone for large-scale changes to the tax system and for deep public spending cuts.

Several aspects of the pensions system are to come under review as a result of announcements made in the Budget.

The six-week long debate over the exact nature of the coalition government’s commitment to a hike in capital gains tax is finally over.

The Chancellor has concluded his emergency Budget speech. We are now in the process of updating our Budget Report and putting together a series of news articles. However, the headline news from the Chancellor’s statement is:

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