Hutton
The Budget
- 24 Hours on, it’s time to take stock of the Budget.
- Simplifying benefits and taking more pensioners out of the tax net is good. The decisions to introduce a flat state pension and rise in the personal allowance are encouraging, and should go a long way towards providing a more efficient and equitable pension system. Sustainability, however, continues to
Tentative Steps…
- The last fortnight has seen some important pension-related announcements about a flat rate state pension for everyone and the recommendations on managing public sector liabilities made by the Hutton Report. Hot on the heels of these follows today’s Budget.
- Many will be watching to see how George Osborne walks the tightrope between growth and fiscal discipline, whilst others will