D-day for A-day. By Dan Martin
As new rules aimed at encouraging more people to save for their retirement come into force today, research has claimed only the well-off will actually benefit.
Dubbed A-day, the changes mark the biggest shake-up to pensions rules for 50 years.
The eight tax regimes which previously governed pensions have been scrapped in favour of just one, with the complex limits on how much people can save each year also abolished.