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

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 Defined Contribution

DC schemes delivering 12% value from contributions of 8%, LCP finds

DC schemes delivering 12% value from contributions of 8%, LCP finds

Consultancy finds minimum of £15bn could be invested in private markets by 2030

Martin Richmond
clock 16 December 2025 • 2 min read
SPP: Making retirement choices simpler and safer

SPP: Making retirement choices simpler and safer

Anish Rav says initiatives that help achieve a better outcome in retirement are welcome

Anish Rav
clock 16 December 2025 • 3 min read
Mercer to invest £350m in bespoke Schroders LTAF for private markets

Mercer to invest £350m in bespoke Schroders LTAF for private markets

Move supports Mansion House ambitions of Mercer Master Trust and Now Pensions

Jonathan Stapleton
clock 15 December 2025 • 2 min read
Trustpilot