George Osborne's penultimate budget before the 2015 general election shook up the pensions industry and contained populist tax cuts on bingo and beer. But there were warnings too on the state of the economy - with austerity policies needed until at least 2018 and borrowing levels still at historic highs.
Joining Tom Clark to discuss all of this: Guardian columnist Polly Toynbee, economics correspondent Phillip Inman and Observer columnist William Keegan.
The reform to pensions means that retirees can take their whole lump sum as cash and spend it as and when they wish - rather than being forced to buy an annuity guaranteeing a yearly income until death. But some critics have already worried that it could leave pensioners destitute if investments go wrong or cash is squandered.
Also this week: the level at which government spending on welfare is to be capped has been announced: £119.5bn for 2015-2016. It's higher than many Tories had urged but will serve as a challenge to Labour.
Plus: a new pound coin is to be introduced in 2017 - with a distinctive 12-sided bi-metallic design the Treasury says it will be markedly harder to counterfeit.
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