This year’s budget was always likely to contain relatively few major personal finance announcements given that we had a major package of personal tax measures announced in the autumn. This Conservative government does however like to pull the occasional rabbit out of the hat, and they did that in a significant way at this budget.
The only measures of significant note from a financial planning point of view will be those on pensions and childcare – we will focus on the pensions side of things here.
The last time we had a pensions rabbit out of the hat on this scale in a budget was probably the previous pension reforms in 2016.
