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Retirement savers could be awarded a “generous increase” to their pension pot following the Spring Budget next month, an expert has suggested. Analysts are calling on Chancellor Jeremy Hunt to address the issue of fiscal drag which has been a bi-product of the freeze on tax allowances. Becky O’Conner, the director of Public Affairs at PensionBee, said Mr Hunt is “unlikely” to announce any direct changes to the pension taxation system in light of certain changes. However, she suggested the Chancellor may scrap a stealth tax impacting low earners and pensioners. Do you have a money story you’d l…

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