Budget 2018: What pensions experts hope the Chancellor will deliver

Monday 29 October

Hannah Godfrey
clock • 4 min read

The removal of the tapered annual allowance, an increase to the lifetime allowance, and an entire systems review - here's what the experts from the pensions world would like to see in the 2018 Budget

This autumn's Budget will take place on Monday 29 October - just two days before the nation's spookiest holiday. Few leaks have trickled out from Westminster so far, but it cannot be long before the FT gets wind of some of the upcoming announcements. It has been suggested, however, that chancellor Philip Hammond is set to reveal a cut to pensions tax relief in order to raise revenue to pay for the NHS funding commitments. In August, meanwhile, rumours of flat-rate tax relief surfaced again, some two years since gossip about the long-feared change on pension contributions hit its peak....

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