Money Week: News, reviews and previews With Emma Kennedy

Eyes on pension levy as budget looms

12th October, 2014
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- The government can no longer justify the pension levy as economic conditions improve, according to IFG Pensions.

IFG’s chief investment officer Samantha McConnell said the introduction of the levy on private pensions in 2011 was “a temporary measure designed to meet the economic challenges that the country faced at the time”.

But with Budget 2015 just days away, McConnell said a change in the country’s fortunes meant the levy was no longer...

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