Pensions, savings and investments

The Conservative-Liberal Democrat coalition government has spelled out its policies in a number of areas.

The UK’s first full coalition government since the Second World War is set to introduce a series of new tax and business legislation.

With no party capable of commanding an overall majority in the House of Commons, here is a brief recapitulation of what each of the main parties has promised on business, tax and the economy.

A combination of low interest rates and rising inflation has made it exceptionally tough for the UK’s savers.

Increasing numbers of parents are giving money in advance to their children rather than leaving them bequests in their wills as a means of saving on inheritance tax.

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