The Chancellor confirmed in his Budget on 16 March 2016 that the tax regime for pensions wouldn’t change, at least in the short term. However, the Chancellor did announce a new savings vehicle – the Lifetime Individual Savings Account (LISA) – which will have implications for some people’s retirement savings and for their employers.
Please see below for our opinion articles on the outlook for pensions tax change, on developments arising from the announcements in the Budget and on what we expect these will mean for individuals, sponsors and employers.
- 25/02/2016 - Pre-budget webinar: Possible changes to pensions tax relief? Are you ready?
- 17/03/2016 - Post-budget webinar: What's the outlook for pensions now?
To request a copy of the recording or slides from either webinar, please contact your Willis Towers Watson consultant or click on the 'Contact Us' link on the right hand side of this page.