Pensions

From April 2016, the amount that top earners may pay into pensions will be reduced. Those with income above £110,000 will have their annual allowance reduced from £40,000, gradually tapering away to £10,000.
The government has also published a discussion paper on whether to undertake a wider reform of pension tax relief. Potentially, the chancellor has indicated that a new system would be more akin to ISAs.