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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.


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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

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.