The Association of Investment Companies says VCT managers believe they can fill some of the gap left after the Chancellor's announcement this week that from 2014-15 tax relief will only apply to pension savings up to £40,000 annually and up to £1.25 million over a lifetime.
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Towers Watson, the consultancy firm, has voiced concern about the impact of the Chancellor's reductions in pension allowances.

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Full summary of Autumn Statement announced by George Osborne today including all the figures relating to pensions and tax allowances. Read more...

Financial Planning firms and providers have given a mixed response to today's announcements made by Chancellor George Osborne in his third Autumn Statement. Read more...