Budget 2016

The industry has serious questions about the lifetime ISA introduced in the Budget.

The government is to launch a national infrastructure investment platform for the Local Government Pension Scheme (LGPS) through pooling.

Unfunded public sector pensions will see contributions from employers increase at the end of this parliament according to the Chancellor's Budget.

The government's Lifetime ISA will lead to mass confusion and could pave the way for a future move to the Pensions ISA, according to several people.

Three bodies face major changes

The government has published guidance for setting the discount rates for calculating cash equivalent transfer values payable by public service pension schemes.

The Chancellor has gone ahead with plans to introduce a scheme to help lower paid people to save, amid concerns it could disincentivise pensions savings.

The government is to consult on introducing a Pension Advice Allowance to enable members to withdraw money from defined contribution (DC) pensions to fund financial advice.

Budget documents reveal the government is looking to clamp down on the range of benefits available under salary sacrifice arrangements.

Lifetime ISA will help under 40s save money