Defence is in the news and the defence budget is under increased pressure. Whilst journalists have focused on potential cuts to the front line and spats between the new Defence Secretary and Chancellor, too little attention has been paid to the role of defence as a UK industrial sector.
Early in the New Year the Cabinet Office will publish its security review which is looking at 12 different strands of UK security. The purpose of the review is to ensure that the UK’s investment in existing capabilities address the current national security challenges.
Seasonal Q&As from Prospect Legal
A previous blog covered the potential impact of Brexit on the pensions of Prospect members who move between the UK and the rest of the EU during their careers or after they retire.
The pension tax relief system is very complicated (complicated enough to generate more previous pension blogs than any other issue!).