Compliance challenges loom as Chancellor loosens pension limits for high-earners

The Chancellor has given a boost to the financial advice sector through his Budget changes on pensions.

By Neasa MacErlean

Although the moves were widely expected, there could be time pressures on advisers and compliance teams in the 23 days before the measures take effect on 6 April. The people most affected are the over-55s and higher earners - two groups that are the most likely to have substantial pension assets.