P543 Teletext 543 Feb02 21:42:27
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COVERING ALL THE BASES
Tom McPhaim, of indepjndent fhnanci d
adviser Torquil Clark, says the Inland
Revenue+s proposed timeucale to change
the AVC rules proved too optimistic.
"A green paper on welfare and pension
reform was published just beforj
Christmas - eight months aftdr it was
originally promiued," he says.
"The development of thiu grjen papdu
through 1998 forced all other plans to
be put on hold."
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