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Briefing Notes
Briefing Note 40 - The pension implications of the Pre-Budget Report
The Pre-Budget Report (PBR) on 9 October 2007 contained a number of measures that will directly affect pensions and pensioners.This Briefing Note highlights these measures, and analyses some of the potential impacts.
This Briefing Note covers:
- Changes to State Second Pension (S2P)
- Increases to Pension Credit
- The annuities Open Market Option review; and
- A review of long-term care charging policy
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