{"id":5374,"date":"2016-02-22T00:45:31","date_gmt":"2016-02-21T17:45:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/4bn-raid-on-pension-savings-likely-says-former-osborne-adviser\/"},"modified":"2016-02-22T01:01:39","modified_gmt":"2016-02-21T18:01:39","slug":"4bn-raid-on-pension-savings-likely-says-former-osborne-adviser","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4bn-raid-on-pension-savings-likely-says-former-osborne-adviser\/","title":{"rendered":"\u00a34bn raid on pension savings likely, says former Osborne adviser"},"content":{"rendered":"<p>&#013;<br \/>\nSteve Webb says tax-free lump sum \u2018could be on the brink of extinction without anyone noticing\u2019A former adviser to George Osborne has said the chancellor is likely to mount a \u00a34bn raid on pension savings by scrapping tax-free allowances on lump sums in a bid to save more cash for the Treasury.Steve Webb, himself a former pensions minister, says hundreds of thousands of people would suffer from Osborne\u2019s \u201ctax bombshell\u201d that some fear could come as soon as the budget next month. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/politics\/2016\/feb\/21\/4bn-raid-pension-savings-tax-free-lump-sum-osborne\" target=\"_blank\">\u00a34bn raid on pension savings likely, says former Osborne adviser<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Steve Webb says tax-free lump sum \u2018could be on the brink of extinction without anyone&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-5374","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1oG","jetpack-related-posts":[{"id":6912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-osborne-backs-down-on-radical-pension-reform\/","url_meta":{"origin":5374,"position":0},"title":"George Osborne backs down on radical pension reform","date":"March 5, 2016","format":false,"excerpt":"\r Less than a fortnight before the budget chancellor fears backlash from affluent votersGeorge Osborne has been forced to abandon a package of pension reforms, including reducing tax relief for higher earners, amid growing concern that their introduction could have prompted a backlash from affluent voters. Related: \u00a34bn raid on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eu-launches-4-4bn-tax-raid-on-tech-giants\/","url_meta":{"origin":5374,"position":1},"title":"EU launches \u00a34.4bn tax raid on tech giants","date":"March 21, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...EU launches \u00a34.4bn tax raid on tech giants","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-pots-can-be-used-to-buy-lamborghinis-says-minister\/","url_meta":{"origin":5374,"position":2},"title":"Pension pots &#039;can be used to buy Lamborghinis&#039;, says minister","date":"March 21, 2014","format":false,"excerpt":"\r Steve Webb says government doesn't mind if wealthy people near retirement blow savings on sports cars, in budget defenceAffluent people approaching retirement should be free to blow their pension pot on a Lamborghini even if they end up relying on the state for support, a minister said on Thursday\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81984,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-call-on-melrose-to-seek-approval-from-pension-regulator-for-7-4bn-gkn-takeover\/","url_meta":{"origin":5374,"position":3},"title":"MPs call on Melrose to seek approval from pension regulator for \u00a37.4bn GKN takeover","date":"March 6, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...MPs call on Melrose to seek approval from pension regulator for \u00a37.4bn GKN takeover","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unite-agrees-1-4bn-student-housing-deal-with-canada-pension-group\/","url_meta":{"origin":5374,"position":4},"title":"Unite agrees \u00a31.4bn student housing deal with Canada pension group","date":"July 3, 2019","format":false,"excerpt":"\r Institutional investor will keep 20% stake in combination with Liberty Living\r \r Source : ft.com\r Read more...Unite agrees \u00a31.4bn student housing deal with Canada pension group","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ba-fights-to-lose-deficit-with-wings-tag-after-sealing-4-4bn-legal-general-pension-deal\/","url_meta":{"origin":5374,"position":5},"title":"BA fights to lose &#039;deficit with wings&#039; tag after sealing \u00a34.4bn Legal &amp; General pension deal","date":"September 13, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...BA fights to lose 'deficit with wings' tag after sealing \u00a34.4bn Legal & General pension deal","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5374"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=5374"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5374\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=5374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=5374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=5374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}