Government proposals over changes to how pensions are run were released on Thursday, with headlines around £6,000 boosts to workers and £25bn megafunds painting a positive picture for the future.
Chancellor Rachel Reeves said the “reforms mean better returns for workers” and pointed out extra investment for businesses in the UK could push economic growth. But it’s all rather abstract for workers - especially on the back of a recent study looking at whether pension contributions were subject to tax - who might simply want to know: what’s happening to my pension now?
