Chancellor George Osborne will deliver his Autumn Statement alongside the government's spending review on 25 November.
In a letter to Treasury committee chairman Andrew Tyrie, Osborne (pictured) said he would combine the two statements after commissioning an autumn forecast from the Office of Budget Responsibility for November.
The Autumn Statement could feature an update on pension taxation, which the government has been consulting on in recent months.
The Chancellor announced in his Summer Budget he would review the way pensions are being taxed, mulling a change from the current way to one found in ISAs.
Currently pension savings vehicles offer tax relief upfront and collect taxes at point of withdrawal ('exempt, exempt, taxed') whereas ISAs do it the other way around ('taxed, exempt, exempt').
Issuing a green paper in July, the government said it wanted to create a simpler and more transparent way of taxing pensions to incentivise more people to save.
The move followed proposals brought by trusted adviser, The Centre for Policy Studies research fellow Michael Johnson, who had previously called for a full unification of pensions and ISA regimes and the introduction of a workplace ISA to replace traditional retirement savings vehicles.
The consultation is nearing its closing date of 30 September.
Two-thirds of UK fund managers are reducing investments in companies that fail on diversity and inclusion scores, according to a survey by Edelman.
England and Wales have seen a fourth successive week of increasing excess death figures as the countries battle through the second wave of the coronavirus pandemic.
LGBT Great and Incisive Media are excited to announce they have signed a new and exclusive partnership to work together to accelerate progress of the LGBT+ agenda across the investment, pensions, wealth management and savings industry.
Seven directors of the Trustee Corporation have been accredited under the Pensions Management Institute’s (PMI) Aptitude programme.
Have your say: Should an eventual net-zero target be mandated for schemes as part of the Pension Schemes Bill?
In this week's Pensions Buzz, we want to know whether you think the Pension Schemes Bill should mandate a net-zero target for all schemes.