What UK pension investors should look out for in 2016
By Kirsten Hastings, 17 Dec 15
After seismic changes to the pensions landscape, 2016 looks like being another year of upheaval. Here are the main things Hargreaves Lansdown think investors should look out for.
Pension taxation
Some changes to the pension tax regime are already on their way, others may be announced on Budget day (16th March).
Already legislated for:
Reduction in the Lifetime Allowance from £1.25 million to £1 million ($1.5m, €1.38m)
Annual Allowance taper for higher earners, potentially reducing maximum contributions to £10,000
Expected announcements
Review of pension taxation (expected 16th March)
Possible abolition (or reform) of pension tax relief
Measures to help investors facing pension exit penalties to access the pension freedoms
Tags: Hargreaves Lansdown | Pension

