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Sipp inflows for last year grew by 10.9%, new analysis has shown.
Despite not getting top billing in yesterday’s Budget – unlike the bombshell announcements of 2014 – pensions did still feature.
The Lifetime ISA has been attacked as a ‘gimmick’ and a ‘competitor’ to pensions - less than two hours after it was revealed.
The new Lifetime ISA could be used for “other specific life events” apart from buying a first home and for retirement.
Radical changes to ISAs have been announced as one of the major headlines in the Budget today.
Tax for many businesses purchasing property will be cut, the Treasury said, as it announced changes to commercial property stamp duty in today’s Budget.
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