Spring Budget 2021: Icy response to lifetime allowance freeze

Hope William-Smith
clock • 5 min read
Middleton: “Today’s measure will serve as a further disincentive for workplace pension saving".
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Middleton: “Today’s measure will serve as a further disincentive for workplace pension saving".

The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.

Chancellor Rishi Sunak confirmed the news in parliament this afternoon (3 March) as he delivered his second Budget as chancellor. SEI Institutional Group client strategy director Cyprian Njamma said...

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