{"id":6912,"date":"2016-03-05T05:00:47","date_gmt":"2016-03-04T22:00:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-osborne-backs-down-on-radical-pension-reform\/"},"modified":"2016-03-05T05:24:24","modified_gmt":"2016-03-04T22:24:24","slug":"george-osborne-backs-down-on-radical-pension-reform","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-osborne-backs-down-on-radical-pension-reform\/","title":{"rendered":"George Osborne backs down on radical pension reform"},"content":{"rendered":"<p>&#013;<br \/>\nLess 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 pension savings likely, says former Osborne adviser  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/mar\/04\/george-osborne-backs-down-on-radical-pension-reform\" target=\"_blank\">George Osborne backs down on radical pension reform<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Less than a fortnight before the budget chancellor fears backlash from affluent votersGeorge Osborne has&#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-6912","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\/p75ss1-1Nu","jetpack-related-posts":[{"id":1969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rip-off-pension-exit-fees-will-be-capped-says-george-osborne\/","url_meta":{"origin":6912,"position":0},"title":"&#039;Rip-off&#039; pension exit fees will be capped, says George Osborne","date":"January 19, 2016","format":false,"excerpt":"\r Government announces plan for financial regulator to cap \u2018prohibitive\u2019 charges levied on savers who wish to cash in pension potsThe government has announced plans to cap the \u201crip-off\u201d exit charges levied on savers who opt to cash in their pension pots as a result of the pension freedoms introduced\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1510,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-osborne-confirms-state-pension-age-will-rise-to-67\/","url_meta":{"origin":6912,"position":1},"title":"George Osborne confirms state pension age will rise to 67","date":"November 29, 2011","format":false,"excerpt":"\r Increase announced in autumn statement will be phased in over two years from April 2026 'in response to rising life expectancy'The government will raise the state pension age to 67 by April 2028 in a move it said would save the UK almost \u00a360bn.The change, which was announced by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4bn-raid-on-pension-savings-likely-says-former-osborne-adviser\/","url_meta":{"origin":6912,"position":2},"title":"\u00a34bn raid on pension savings likely, says former Osborne adviser","date":"February 22, 2016","format":false,"excerpt":"\r Steve 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hundreds-of-thousands-withdraw-cash-from-pension-pots-after-rules-relaxation\/","url_meta":{"origin":6912,"position":3},"title":"Hundreds of thousands withdraw cash from pension pots after rules relaxation","date":"September 17, 2015","format":false,"excerpt":"\r More than 200,000 have taken out cash since George Osborne introduced reforms in April, while the sale of annuities has plummetedMore than 200,000 people have emptied their pension pot or withdrawn cash from it after the relaxation of rules on accessing retirement savings this year.The first comprehensive independent analysis\u2026","rel":"","context":"In &quot;Property News&quot;","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":6912,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-big-thank-you-to-george-osborne-from-the-pensioners-of-britain\/","url_meta":{"origin":6912,"position":5},"title":"A big thank you to George Osborne \u2013 from the pensioners of Britain","date":"August 6, 2016","format":false,"excerpt":"\r Annuities were compulsory until the then chancellor freed pensioners to do what they liked with their money. Today, the income from them is pitifulIt\u2019s not a line you\u2019re likely to see often in the Guardian, but thank you George Osborne for the towering achievement of your reign as chancellor:\u2026","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\/6912"}],"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=6912"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6912\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}