Budget chances 'could cause run on pensions'

Rachel Lacey

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A leading pensions expert has warned that the introduction of a Pension Isa could lead to a ‘Northern Rock ‘ style run on pensions.

Chancellor George Osborne is to announce the results of the government’s consultation into the tax relief on pensions in the Budget on 16 March. Amongst his options are a flat rate of tax relief or a new pension Isa.

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Source Moneywise http://ift.tt/1LYtYdC