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Key changes to retirement benefits

The Coalition Government has made significant changes to retirement benefits, particularly in connection with Money Purchase Schemes which include SSAS, SIPP and Personal Pension policies.

The majority of the proposed changes will take effect from 6th April 2011 and should be discussed with your financial advisor. You can read a summary of these changes here and if you would like to discuss any of the issues raised with the Bates Weston financial services team please do call us on 01332 365855 or email on enquiries@batesweston.co.uk.