Will the Chancellor pull one more pension rabbit from his hat?

Will the Chancellor pull one more pension rabbit from his hat?

clock

The Chancellor would do well to review the ‘increasingly restrictive and prejudicial' lifetime allowance, writes Lesley Harrold

Now that we have a clear Conservative majority, albeit a small one, what are the likely implications for the government's pensions policy in the course of this Parliament? After the whirlwind of the Budget 2014 announcements, the formation of the new Conservative government may herald a period of relative pension stability and this would be a welcome breathing space. That said, the proposals announced in the March 2015 Budget to allow members with an existing annuity to sell the policy to a third-party purchaser, could well be on the cards in the near future. The consultation on th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pensions: The overlooked asset in divorce settlements?

Pensions: The overlooked asset in divorce settlements?

Practical steps to narrow the divorce pension gap

Alistair Myles
clock 11 February 2026 • 5 min read
Legacy pensions tech creates 'enormous risk, costs too much and underserves clients'

Legacy pensions tech creates 'enormous risk, costs too much and underserves clients'

'Our industry is famous for thinking in decades, but customers will not wait that long'

Jonathan Hawkins
clock 10 February 2026 • 4 min read
Govt moves to tackle gender pension gap with LPGS scheme changes

Govt moves to tackle gender pension gap with LPGS scheme changes

Reforms follow consultation on access and fairness in the Local Government Pension Scheme

Jonathan Stapleton
clock 03 February 2026 • 2 min read