What the budget holds for pensions

Sarah Coles
George Osborne
George Osborne

Dominic Lipinski/PA Archive/Press Association Images

There has been plenty of talk about pensions in the run-up to the Budget. It is widely predicted that the government is planning some sort of raid on pensions in order to make its sums add up. There are a number of ways in which George Osborne could do this: some would be devastating, and others less so.

So what could happen, what will the consequences be, and what should the government be doing with pensions?