Law and Regulation

The pensions industry has welcomed the wide ranging consultation on pensions tax relief launched today, but warned of the dangers of conflating pensions and ISAs.

Budget documents have confirmed the lifetime allowance is to be indexed annually in line with the consumer prices index (CPI) from 6 April 2018.

The 2015-16 tax year will be split into two mini tax years for the purposes of the annual allowance as part of transitional rules aligning pension input periods with the tax year, the government has announced.

The pensions industry breathed a collective sigh of relief as the government said it would not introduce a secondary annuities market until 2017.

PP looks at a decade of cuts, as the government looks at a complete overhaul

The government has delayed plans to let pensioners cash in annuities until 2017.

HM treasury will "actively monitor" the effect of salary sacrifice on tax receipts.

The Chancellor has introduced measures to stop fund managers using loopholes to avoid paying tax on profits in today's Summer Budget.

Ending upfront relief will have a knock on effect

Everything is up for discussion