For once, the Chancellor has restrained from tinkering with the tax arrangements affecting pensions beyond the already announced for reductions to both the annual and lifetime allowances in April next year.
As Barnett Waddingham consultant Malcolm McLean says, with auto-enrolment now under way and millions of workers being put into workplace pension schemes for the first time it is essential from the ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date