Law and Regulation

‘Some rowing back’ may happen as framework is taken apart

Pension allowance reform praised by industry but cost and impact of measures questioned

LTA abolished, AA rises to £60,000 and both MPAA and MTAA increased to £10,000

Some fear the government could alter inheritance tax rules or hike the minimum pensions age to 60

Reports say LTA could increase from £1m to £1.8m and the AA from £40,000 to £60,000

Sarah Henderson looks at putting the capital letters into effective system of governance

Daily Mail says lifetime and annual allowances among those that will increase

Industry backs government support but says reforms must now be implemented at pace

Minister says the Bill will ‘move the retirement saving revolution to an evolution’

Industry letter to the Treasury calls for MPAA to be increased from £4,000 to £10,000