Spring Budget 2021: Lifetime allowance freeze, flat rate of tax relief and AE review among expectations

Holly Roach
clock • 5 min read

The industry has been speculating on what chancellor Rishi Sunak will announce in the Spring Budget, with expectations that freezing the lifetime allowance, the introduction of a flat rate of tax relief, and a review of auto-enrolment (AE) will be among the updates for pensions.

Ahead of the Budget today (3 March) - nearly one year after the Covid-19 pandemic forced the UK into a national lockdown - the pensions industry has revealed the pensions policy changes it expects ...

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