Summer Budget 2015 – Listen again to analysis from Aon experts

The recent Budget announcement confirmed expectations that the Annual Allowance for those earning over £150,000 will be tapered away to a minimum of £10,000 next year. Taken with the already-announced reduction in the Lifetime Allowance to £1m, this now means that pensions become significantly less attractive to a whole new swathe of employees, as well as yet more complicated.

On top of that, we have a consultation on pensions taxation reform and there are dark warnings in the Budget statement about salary sacrifice and unregistered pension schemes.

So, how do you as an employer or a trustee respond to these changes? Is it time to start thinking about alternatives, for example, corporate ISAs? And, generally, what will the economic impact of the Budget changes be?

In a recent webcast, held on 14th July, Aon experts shared their analysis on the Budget. Together with Tapan Datta and Liam Mayne, we will be seeking to answer the questions posed by George Osborne’s Budget so that you can consider the impact for your organisation/pension scheme. Listen again

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