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Pensions shake-up to lift 2m out of means testing

Two million pensioners could be lifted out of means-tested benefits if the latest proposal for a simpler state pension is given the go-ahead. Read

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Pensions tax restrictions risk hurting less wealthy

The Low Incomes Tax Reform Group (LITRG) is concerned that a measure designed to restrict tax relief for wealthier pension contributors will have an undesirable side effect on low-income pensioners. Read

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Market update (AM): Retailers on trend as Next leads charge

Fashion chain Next led this morning’s session after investors responded to a 17.8 per cent rise in profits before tax. Read

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SIPPs now able to hold French property, but investors urged to remain cautious 

Due to a change in French law, SIPP investors now have the ability to hold French property as part of their investments, but Rowanmoore Pensions is urging investors to remain cautious and get advice. Read

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Budget 2010: VAT increase more effective than income tax tinkering, says F&C’s Scott

The markets reacted negatively to last year’s Pre-Budget report due to a perceived lack of commitment to curb the public sector borrowing. With an election looming in May, will Alistair Darling use what might be his last Budget to produce tangible, realistic changes to help the economy get back on its feet? Read

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