The Chancellor’s Spring Budget brought about some of the most significant changes to pension tax since 2015. Headlines included the abolition of the Lifetime Allowance, an increase in the annual allowance to £60,000 and an increase in the money purchase annual allowance to £10,000.

While these changes should simplify the pension taxation system, as with any change there is a lot for employers to consider. Limits remain in areas like the tax-free cash allowance and the Annual Allowance taper, and there is complexity in how the changes will be implemented.

Watch our webinar on-demand where Alistair Russell-Smith, joined by Sue Waites and Jeff Simpson from Hymans Robertson Personal Wealth, our financial planning subsidiary, consider the impact and implications of the changes for employers and their employees, with the session looking at:

• An overview of the changes
• What the changes could mean for your employees and scheme members
• Case studies
• What you need to be considering as an employer
• Q&A

This session is most useful for FDs, CFOs, HRDs, Pension Managers and anyone responsible for the delivery of pension benefits to employees.

Don't worry if you can't join live, sign up anyway and you'll be able to access the webinar on-demand, at a time convenient to you. 

In the meantime, if you have any questions, please don't hesitate to get in touch.