Budget 2023

Research finds while most IFAs support measure, planning for it long term is risky

Phased launch of free childcare could help close gender pensions gap, commentators say

Pension allowance reform praised by industry but cost and impact of measures questioned

LTA abolished, AA rises to £60,000 and both MPAA and MTAA increased to £10,000

Some fear the government could alter inheritance tax rules or hike the minimum pensions age to 60

Reports say LTA could increase from £1m to £1.8m and the AA from £40,000 to £60,000

Move would boost growth and deliver better outcomes for pensions and the economy

Daily Mail says lifetime and annual allowances among those that will increase

Letter covers pensions tax relief, AE reform, and barriers to investing in illiquids