Budget 25: What happened for pensions?

Salary sacrifice cap, pre-97 inflation protection, DB surplus release, IHT and British Coal scheme

Holly Roach
clock • 2 min read
Ben Dance / FCDO
Image:

Ben Dance / FCDO

The Autumn Budget yesterday (27 November) was full of a raft of changes that will affect the people’s finances, with the nation both criticising and praising various measures.

  For pensions, there were several changes announced by the chancellor in a bid to raise revenue – many of which had been rumoured ahead of the Budget. Salary sacrifice The biggest announc...

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