{"id":6764,"date":"2016-03-04T18:32:26","date_gmt":"2016-03-04T11:32:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-isa-could-be-in-budget-despite-criticism-treasury-indicates\/"},"modified":"2016-03-04T18:40:43","modified_gmt":"2016-03-04T11:40:43","slug":"pensions-isa-could-be-in-budget-despite-criticism-treasury-indicates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-isa-could-be-in-budget-despite-criticism-treasury-indicates\/","title":{"rendered":"Pensions ISA could be in budget despite criticism, Treasury indicates"},"content":{"rendered":"


\nControversial policy that could see people take entire pension pot tax free is said to be among those considered by chancellorRadical options for reforming Britain\u2019s pension system at the 16 March budget are still on the table, Treasury sources have indicated, despite public criticism of plans from the pensions minister Ros Altmann.Lady Altmann warned that controversial proposals for a \u201cpensions ISA\u201d, which could allow savers to take their entire pensions pot tax free on retirement, could lead to pensioners saving too little for the later years of their retirement. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Pensions ISA could be in budget despite criticism, Treasury indicates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Controversial policy that could see people take entire pension pot tax free is said to...<\/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-6764","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\/p75ss1-1L6","jetpack-related-posts":[{"id":8232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-expert-calls-for-tax-free-isas-to-be-made-lifetime-savings-accounts\/","url_meta":{"origin":6764,"position":0},"title":"Pension expert calls for tax-free Isas to be made lifetime savings accounts","date":"August 5, 2014","format":false,"excerpt":"\r Savings proposal suggests the Treasury could contribute 50p for every pound saved, up to an annual allowance of \u00a38,000Tax-free Isas should be transformed into \"lifetime\" savings accounts topped up with Treasury cash, according to a leading pensions expert.Michael Johnson, a research fellow at the Centre for Policy Studies thinktank,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-isa-what-is-the-chancellor-considering\/","url_meta":{"origin":6764,"position":1},"title":"Pensions Isa: what is the chancellor considering?","date":"March 4, 2016","format":false,"excerpt":"\r George Osborne could change the tax relief available on pensions, so they are treated similarly to Isas, in the March budgetThe chancellor, George Osborne, is reported to be considering making radical changes to pensions that could be announced as soon as this month in his budget statement.What changes could\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-trap-fears-grow-after-osborne-pensions-shakeup\/","url_meta":{"origin":6764,"position":2},"title":"Tax trap fears grow after Osborne pensions shakeup","date":"August 7, 2014","format":false,"excerpt":"\r Data shows pensioners may pay \u00a33.6bn more in tax after raiding pension pots as critics warn of 'one-man mis-selling scandal'Pensioners stand to lose \u00a33.6bn in additional tax payments from next April as concerns grow that the freedom from annuities unveiled by George Osborne as the centrepiece of the 2014\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-system-favours-the-richest-letters\/","url_meta":{"origin":6764,"position":3},"title":"Pensions system favours the richest | Letters","date":"March 9, 2016","format":false,"excerpt":"\r Polly Toynbee\u2019s theory (Opinion, 8 March) that the chancellor caved in on reform of pension tax relief to a selfish pension industry suffers from one small problem \u2013 it isn\u2019t borne out by the facts. It is certainly true that the \u201cpension Isa\u201d option initially favoured by the chancellor\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/take-500-out-of-your-retirement-pot-to-buy-expert-pensions-advice\/","url_meta":{"origin":6764,"position":4},"title":"Take \u00a3500 out of your retirement pot to buy expert pensions advice","date":"September 3, 2016","format":false,"excerpt":"\r New government scheme offers a tax-free allowance to pay for a professional and personalised financial reportPeople will soon be able to take up to \u00a3500 out of their pension pots tax-free, as long as they spend it on financial advice. The government this week unveiled details of the \u201cpensions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112955,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-put-money-i-inherited-towards-an-isa-or-the-mortgage\/","url_meta":{"origin":6764,"position":5},"title":"Should I put money I inherited towards an Isa or the mortgage?","date":"December 9, 2019","format":false,"excerpt":"\r I have a lot to pay on the mortgage but I wonder whether putting it into my pension might save on taxQ I am 50 years old and have just inherited \u00a335,000. This is likely to be the last money I inherit, so I want to be careful about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6764"}],"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=6764"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6764\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}