Radical and pensions are not normally two words you’ll find sitting together often but last week’s budget statement certainly put paid to that.
Referred to by many financial commentators as the biggest changes to pensions in over fifty years, it has certainly been the biggest series of announcements from a budget I can remember in 20 odd years in this industry.
And yes, I can affirm, this is nothing short of a Pension Revolution.
So what has changed—what does it all mean and how will it affect you?
The biggest news was undoubtedly the plans to allow pensioners to access their full pension fund from 2015.
