This week chancellor Rishi Sunak delivered his first Budget - the first since Brexit and the first since 2018.
It took place against a background of market turmoil, oil price wars and the spread of the coronavirus. So what can advisers take away from this year's Budget?
Damian Fantato, digital editor of FTAdviser, tries to find out with Fiona Tait, technical director of Intelligent Pensions, and Quentin Holland, a partner at advice firm The Private Office.
They discussed the changes to the tapered annual allowance, the cut to entrepreneurs' relief and the impact of the rising national insurance threshold on pensions.