A £500 profit from George Osborne's pension loophole

Updated
Britain Scotland
Britain Scotland

Probably unintentionally, George Osborne has gifted older savers a smallrisk-free £500 pension loophole. It's buried in the Budget pensions rules where Osborne details plans to take small pension pots as cash. The nub of it concerns tax relief added to pension pots. But there's a catch as always.

How much could you make from it realistically? %VIRTUAL-SkimlinksPromo%

Advertisement