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DIY investor: Challenge of a lifetime

The Budget both helps and hinders DIY Investors

By Andy Davis   June 2014

Will 2015 be the Year of the Lamborghini? You could be forgiven for thinking so, following the changes to pension rules announced in the Budget. These were clearly intended to signal a big shift towards individual control over how we use our pension savings and away from the effective obligation to buy an annuity sometime after reaching 55. With that necessity removed, several hundred thousand people per year will be free to manage their retirement income as they see fit, which includes investing in premium Italian automotive engineering.

I feel torn about this. On the one hand, I’m all in…

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