Autumn Statement 22: All quiet on the pensions front

Pre-statement speculation on LTA and tax-free lump sums did not come to pass

Jenna Brown
clock • 2 min read
Autumn Statement 22: All quiet on the pensions front

Chancellor Jeremy Hunt avoided tinkering with pension rules in his first speech as chancellor, with pretty much its only mention being the reinstatement of the triple lock on state retirement benefits.

Millions of state pensioners will see their payments increase by just over 10% in April when the triple lock - the mechanism by which increases are determined - will be reinstated from its lower ‘d...

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

Just Group to exit direct-to-consumer business following Brookfield acquisition

Just Group to exit direct-to-consumer business following Brookfield acquisition

PP understands the move could lead to redundancies across the business

Holly Roach
clock 24 April 2026 • 1 min read
HMRC repays £44.1m in overpaid pensions tax in Q1 2026

HMRC repays £44.1m in overpaid pensions tax in Q1 2026

Analysis shows total amount recouped by savers since 2015 is close to surpassing £1.6bn

Martin Richmond
clock 24 April 2026 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Government terminates Royal Mail scheme contract with Capita, Clara superfund deal, pensions bill continues ‘ping pong’ process

Professional Pensions
clock 24 April 2026 • 1 min read
Trustpilot