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ARTICLE · 26 JULY 2016

Pensions Ready Reckoner - July 2016

Wedlake Bell LLP
Wedlake Bell LLP
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Wedlake Bell LLP

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A recap of latest developments in the ever-changing world of occupational pension schemes.

United KingdomEmployment and HR

A recap of latest developments in the ever-changing world of occupational pension schemes.

For the constitutional and pension law impact of the Brexit Vote in detail please see our article 'The Brexit vote – What to do?'.

PARLIAMENT

 

Topic

Legislation

Lifetime ISA from 6 April 2017

The Brexit Vote on 23 June 2016 may disrupt the government's legislative programme, including the new Lifetime ISA (from 6 April 2017 save up to £4,000 per annum into a "Lifetime ISA" until your 50th birthday and then access it (along with a Government-funded "bonus") tax-free, either as a deposit for your first house or once you've hit age 60).

Reduction in Lifetime Allowance ("LTA")

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