Buzz: Pensions industry endorses Budget

clock • 1 min read

The industry has given a cautious thumbs up to the sweeping changes to the pension system introduced in last month's Budget. Four out of ten Buzz respondents said retirees were likely to benefit from the changes while just under a quarter said savers would probably end up worth off. A further quarter thought the impact would be neutral.

"A lot of the old objections to pension saving have been removed," said one supporter. "However consumers will need to behave responsibly and we in the industry need to the give them the informatio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

PRAG consults on pensions SORP amendments

PRAG consults on pensions SORP amendments

Move follows FRC amendments to FRS 102 as well as changes to legislation and regulation

Jonathan Stapleton
clock 24 June 2025 • 1 min read
PLSA: The Virgin/NTL Court rulings and what they mean for DB Schemes

PLSA: The Virgin/NTL Court rulings and what they mean for DB Schemes

Krista D’Alessandro outlines the background to the case and what the rulings mean for schemes and sponsors

Krista D’Alessandro
clock 24 June 2025 • 4 min read
How does your scheme culture affect your risk profile?

How does your scheme culture affect your risk profile?

Naomi Brown takes a look at the human factor and asks how risk links with culture

Naomi Brown
clock 20 June 2025 • 3 min read
Trustpilot