How does the budget affect my pension savings?

I am 50 years of age and have been saving heavily over the last 15 years for my pension, which is a defined-contribution plan. My fund is currently worth about €1,800,000. I hope to retire at 60 years of age from my company, which I own. Dilemma:

I am unsure as to whether I will over-fund for my retirement, given the recent budget changes. I also fear that, in some perverse way, having ...