Published by Tyron Potts on
Following the highly anticipated budget announcement on Wednesday 16 March, we take a look at new Lifetime Individual Savings Account (LISA) and other pensions-related issues discussed on the day, such as:
We review any updates since the Government launched a consultation on pension transfers and early exit charges in July 2015, following on from the pensions freedoms. The consultation sought views on whether consumers face unjustifiable charges or other barriers, when moving scheme or accessing savings early.
We look at Government's response to its consultation on further amendments to the legislation reflecting the abolition of contracting-out.