Autumn Statement 2016: The key announcements on pensions
Cuts to the Money Purchase Annual Allowance; a £1bn raid on salary sacrifice schemes; a pledge to keep the pensions triple-lock; and increases in the Insurance Premium Tax… Professional Pensions takes a look at the key Autumn Statement announcements.
1. Money Purchase Annual Allowance cut from £10,000 to £4,000 per annum The Money Purchase Annual Allowance - the maximum annual amount individuals can contribute to a defined contribution pensions...
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