PLSA urges Hammond to address five pensions priorities in Budget

James Phillips
clock • 2 min read

The government needs to boost pension schemes' access to illiquid investments, remedy the net-pay tax relief anomaly, and focus on securing a "successful Brexit" for pensions in its upcoming Budget, says the Pensions and Lifetime Savings Association (PLSA).

There also needs to be a commitment to increase minimum contributions under auto-enrolment (AE) and provide the "right regulatory regime" for defined benefit (DB) consolidators, the trade body told...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Master trust authorisation six years on: What has changed and what's to come?

Master trust authorisation six years on: What has changed and what's to come?

Industry says regime has set a strong foundation but there is ‘room to evolve’

Holly Roach
clock 06 November 2025 • 8 min read
The red face test – how would you fare?

The red face test – how would you fare?

Naomi Brown asks how trustees can prepare for when a decision they make is challenged

Naomi Brown
clock 31 October 2025 • 4 min read
Professional trustees – a long-overdue review

Professional trustees – a long-overdue review

Ian McQuade looks at why the consultation matters and sets out four steps for reform

Ian McQuade
clock 29 October 2025 • 4 min read
Trustpilot