LTA

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

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

BSPS completes £2bn buy-in with L&G and WTW predicts £60bn of DB de-risking in 2023

Implementation of 2017 AE review and DB funding code high on legislative wish list

Solvency II reform package set out, and parliament approves dashboard regulations

Pre-statement speculation on LTA and tax-free lump sums did not come to pass

2021 measure to freeze LTA set to raise twice as much for HMT as originally thought

Lobby group also calls for new minister to combine the DC regulatory regimes into one

But lifetime allowance charges increase by 11% on previous year

Aegon said the new PM should look at pension investments, the LTA, and cost of living crisis