This budget essentially means business as usual for pensions and investments, particularly as the Chancellor has not touched tax relief on pensions in spite of continuous rumours that he might.
One slight caveat to this however is that there is some suggestion there may be changes in the Budget background documents.
The reprieve for pensions, combined with no alterations to the investment arena, ultimately means that individuals can continue to plan with certainty and benefit from the positive legislative changes we’ve seen in recent times.
For any questions, please email Steve Wheatcroft.
Dafferns Financial Services Limited is an appointed representative of Greyfriars Asset Management LLP which is authorised and regulated by the Financial Conduct Authority.