Equitable Life compensation is due to start being paid out next year. Those who will benefit the most, and fastest, will be those who had “with profit” annuities with the company. Their income will be enhanced.
The Government is planning to launch a Children’s ISA. This sounds helpful but as the Government will not be putting anything into it, it sounds like it will be of very little real use.
The limit on pension contributions is to be set at £50,000 per year from next April. The Government also proposed to lower the Lifetime Limit on total pension contributions.
No comments:
Post a Comment