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

Partner Insight: Should pension education become as routine as health and safety training?

Partner Insight: Should pension education become as routine as health and safety training?

L&G's Building Future You workplace pilot explores whether retirement adequacy can be supported by treating pension education as a workplace responsibility.

L&G
clock 23 October 2026 • 4 min read
Nest surpasses £2bn in commitments to HarbourVest PE strategy

Nest surpasses £2bn in commitments to HarbourVest PE strategy

Milestone comes as IFM Investors agrees to buy majority stake in ABP

Jonathan Stapleton
clock 21 October 2026 • 3 min read
Mansion House Accord private capital allocations rise to 6.6% of DC assets

Mansion House Accord private capital allocations rise to 6.6% of DC assets

Industry says momentum dependent on pipeline; private capital firms lament current level of compact progress as ‘disappointing’

Jonathan Stapleton
clock 21 October 2026 • 5 min read
Trustpilot