Summer Budget: The announcements in full

A list of the key pension announcements in the summer Budget

clock

Chancellor George Osborne dropped more bombshells on the pensions industry in yesterday's summer Budget. Here is a list of the key announcements:

Government eyes scrapping tax relief on pension contributions The government launched a consultation to examine the case for overhauling the current system of tax relief, where relief is given o...

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 Industry

Professional Pensions Live: Three weeks left to register

Professional Pensions Live: Three weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 28 April 2026 • 1 min read
UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

House of Lords urges Commons to ‘consider the matter again’; DWP minister says removing power 'not going to happen'

Holly Roach
clock 28 April 2026 • 2 min read
News Digest: How 49 people control £168bn of our workplace pensions

News Digest: How 49 people control £168bn of our workplace pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 28 April 2026 • 1 min read
Trustpilot