Spring Budget 24: Industry disheartened by lack of AE reform announcements

Aegon and Standard Life say lack of progress on AE is a ‘missed opportunity’

Martin Richmond
clock • 2 min read
Spring Budget 24: Industry disheartened by lack of AE reform announcements

The pensions industry has expressed its disappointment at the lack of announcements regarding the expansion of auto-enrolment (AE) in chancellor Jeremy Hunt’s Spring Budget.

In his Spring Budget statement to the House of Commons earlier today (6 March), the chancellor confirmed the government's intention to compel defined contribution (DC) schemes and Local Government ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Call for urgent clarification after 'mandation by the back door' pensions bill clause

Call for urgent clarification after 'mandation by the back door' pensions bill clause

Fears regulators will use asset allocation test to decide whether or not to approve a MSDA

Jonathan Stapleton
clock 06 June 2025 • 3 min read
PLSA: What a decade of pension freedoms means for retirement

PLSA: What a decade of pension freedoms means for retirement

Ruari Grant says now is the time to make the best pensions access options available to all

Ruari Grant
clock 04 June 2025 • 4 min read
New decumulation solutions needed to meet the pension minister's challenge

New decumulation solutions needed to meet the pension minister's challenge

Philip Smith says decumulation option reform will help people to make the right choice

Philip Smith
clock 02 June 2025 • 3 min read
Trustpilot