WELCOME BUT UNEXPECTED CHANGES TO PENSION TAX
Welcome to our latest edition.
In this issue, Chancellor Jeremy Hunt’s first proper Budget 2023, on Wednesday 15 March, brought some welcome but unexpected changes to pension tax.
Britons can now expect significant changes that will affect their retirement savings. On page 10 we consider how these changes could impact on your pension and secure your retirement plans. The most significant change was the abolition of the pension Lifetime Allowance (LTA).
Find out more in our latest newsletter.