We will soon know if higher and top rate pensions savings tax relief is cut in the Budget. The Treasury says this would save £10bn per year and justify it on the grounds of fairness.  This justification is flawed.

As we head towards another Budget and tax year end, we are yet again considering the impact that the Pension Freedoms are having on those retiring now and in the future.

It is human nature that when we are asked to give an opinion or to answer a question that what we say in response has positive connotations, that is we want to be able to help and where possible give good news, writes Certified Financial Planner and Chartered Wealth Manager John Rook.