After the budget, here’s how to hand yourself a better pension

If you’ve won promotion or a pay rise, consider increasing your pension contributions, say experts. Photograph: Rowan Jordan/Getty Images

Chancellor Jeremy Hunt’s overhaul of the rules on how much people can stash away in their pensions has been described as a handout for the very richest in Britain.

For most workers, the budget would appear to have precious little in terms of retirement savings. So what do the pension announcements mean for the 99% – and how can you make the most of your retirement plans?