With the UK currently facing falling real wages and slower growth than many G7 countries, there was a great deal of pressure on Chancellor Philip Hammond going into the Budget.
Within the investment and pensions industry, there was certainly some worries that the chancellor could make a grab for cash to both balance the books and/or to make bold moves elsewhere in a bid to woo large swathes of voters.
In the event, far from balancing the books as many had expected, Hammond delivered a Budget with increased spending and some giveaways.
So, how did investments and pensions fare on Wednesday?
Capital gains tax
From April 2018, the capital gains tax (CGT) allowance rises from £11,300 to £11,700, a 3.5% increase.
The allowance represents the amount an individual can make from asset sales during any given financial year without any CGT falling due.
CGT is important as it ultimately impacts investors' returns when they sell assets for a profit. While your primary residence is exempt from CGT, it does apply to second homes and long-term investments, including share holdings.
The change means that for a married couple a maximum of £23,400 in CGT allowance will be available in the 2018/2019 financial year.
On the plus side, transfers between spouses are still exempt from CGT rules.
If spouses are subject to differing tax rates, i.e. if one is taxed at the higher rate and the other at the basic rate, they can transfer more of the gain to the lower-rate taxpayer to reduce the overall tax bill.
For assets held in a trust, the CGT allowance will rise from £5,650 to £5,850.
While the standard ISA allowance remains at £20,000, the Junior ISA allowance rises from £4,128 to £4,260 as of next April.
It means you will be able to pay a maximum of £4,260 per year into a Junior ISA and there is no tax payable on interest or investment gains.
You can use a Junior ISA to build up a decent nest egg for your child until they reach 18 years of age.
The Junior ISA allowance applies to the cash version, which is akin to a building society account, as well as to the stocks and shares version.
From next April, the so-called lifetime allowance on pensions will rise to £1.03m, an increase of £30,000.
Any increase to the lifetime allowance should be welcomed by pensioners with significant benefit pots as well as those saving for their retirement.
It represents the amount of pensions benefit than can be drawn or paid from pensions schemes without additional tax charges being levied.