Industry warns of 'damaging' impact of pre-Budget speculation

Commentators say speculation on pension issues has negatively impacted saver confidence

Jasmine Urquhart
clock • 3 min read
Industry warns of 'damaging' impact of pre-Budget speculation

The industry has criticised the raft of pre-Budget speculation, and early leaking of policies, commenting on the negative impact on saver confidence and behaviours.

In the Budget, announced yesterday (26 November), chancellor Rachel Reeves announced a cap on salary sacrifice from 2029, the uprating of pre-1997 benefits for members of defined benefit schemes, a...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Legislation

Pension IHT changes needed as current plans described as 'unfair'

Pension IHT changes needed as current plans described as 'unfair'

LCP says new rules should be implemented ‘fairly and effectively’

Jasmine Urquhart
clock 03 November 2025 • 2 min read
Employer salary sacrifice should be 'dialled down'

Employer salary sacrifice should be 'dialled down'

Resolution Foundation says employer NI should be extended to cover more pensions

Jasmine Urquhart
clock 23 September 2025 • 1 min read
Half of adults unaware of upcoming pension changes

Half of adults unaware of upcoming pension changes

Schroders finds 85% don’t fully understand potential IHT rule changes

Jasmine Urquhart
clock 15 September 2025 • 2 min read
Trustpilot