Autumn Budget 2025

PP looks at the biggest pensions news stories over the last 12 months

Chris Curry looks at how Budget measures may give the new Pensions Commission a bigger adequacy gap to fill

Autumn Budget pension announcements and IGG buys KGC Associates

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

CPI-linked protections capped at 2.5% a year and will come into effect in January 2027

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

The industry has responded to the chancellor’s decision to cap salary sacrifice for pensions at £2,000

The industry speculates on tomorrow’s Budget and discusses the impacts of possible reform

Louise Pettit and Richard Knight ask if changes will allow for one-off payments to members

PP survey finds 86% of industry says speculation is damaging members’ retirement confidence