Chancellor Sajid Javid may be reconsidering what to do with Entrepreneurs Relief in next month’s Budget and may just close it off to new businesses instead of scrapping it altogether.
Consumer magazine Which? is predicting that Chancellor Sajid Javid will give more detail about the introduction of a pensions dashboard in his first Budget in March.
Recent research suggests that almost a quarter of all UK adults under 55 have lost track of a pension, with the total number of unclaimed pension pots reaching £37 billion.
A rule change under the Adult Dependency Increase (ADI) will mean that thousands of retirees could lose a combined £33 million in state pension benefits from April this year.