lifetime allowance

Mel Duffield says savers should think carefully before deciding to choose a LISA over a pension.

Ahead of tomorrow's Budget, PP looks at what the industry would like to see.

This week's Budget is tipped to be more restrained around pension policy compared to previous ones.

Tax relief reductions have lowered the allure of pensions relative to other savings products, potentially costing the government billions of pounds in lost tax revenue over the long term.

The delayed launch of a service to check the protection status of members following the lifetime allowance (LTA) cut will mean extra work for administrators.

Employers must address the impact on death in service benefits following lifetime allowance (LTA) and pension protection changes according to Aon Employee Benefits.

The Chancellor's lifetime ISA (LISA) threatens to obstruct pension saving down the income scale according to Association of Consulting Actuaries chairman David Fairs.

Pension savers may miss out on thousands of pounds in tax relief due to confusion around the annual allowance taper rules implemented earlier this month.

Policy changes will result in an extra three million retirees on inadequate incomes by 2060 on top of the 12.2 million already forecast, according to research.

As the Chancellor presents his Budget today, PP looks at what could come up for pensions.