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Budget 2016—good news for savers, no news for pension schemes?

Published on: 18 March 2016
Published by: LexisPSL
  • Budget 2016—good news for savers, no news for pension schemes?
  • What were the key announcements on pensions in Budget 2016? Were there any surprises?
  • What does the government’s pensions dashboard entail?
  • What does the Budget mean for salary sacrifice for pensions?
  • What will be the impact of the Lifetime ISA (LISA) on pension savings? In the light of its introduction, what is the future for pensions tax relief reform?
  • What do the announcements mean for pension schemes, employers, employees and savers?
  • Who will be most pleased with the announcements? Who will be most disappointed?

Article summary

Pensions analysis: James Borshell, partner at Dentons, gives a lively appraisal of the key changes for a Budget which witnessed small but very significant changes in the pensions system. With Trojan horses and the prospect of ‘tax exempt exempt’/ ‘exempt exempt tax’ (TEE/EET) reforms by the backdoor, now is a time for shrewd analysis of what lies ahead. or take a trial to read the full analysis.

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