The Budget was welcomed by the Pensions industry which is describing it as providing certainty to savers.
Budget documents reveal the annual Isa subscription limit for 2018-19 will remain to be unchanged at £20,000.
In line with inflation, the annual subscription limit for Child Trust Funds and Junior Isas for 2018-2019 will be increased to £4,260.
Also in line with inflation, the lifetime allowance for pension savings will increase, increasing to £1,030,000 for 2018-2019.
The head of policy at Hargreaves Lansdown, Tom McPhail, said that a lack of big changes “is a welcome relief after years of political interference and the salami-slicing of reliefs and allowances.”
Royal London stated: “It’s good to see a Chancellor has for once followed what the industry has long called for – to leave pensions Isas or other savings and investment vehicles well alone.
“This will give savers some certainty going forward while the country faces the uncertainty of Brexit.”