Wednesday 22 November sees the UK Chancellor's eagerly anticipated autumn statement. The spring budget sprung a major surprise on the pension market with the sudden removal of the lifetime allowance charge, along with the promise to entirely remove the lifetime allowance and some welcome changes to the annual allowance to make it more generous, says Steve Berridge, technical services manager from IFGL Pensions. The pensions industry has been waiting with bated breath for the final form of the Finance Bill Number 2, which is ushering in the largest changes to the pension landscape since G...
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