Autumn Budget, M&G launches CDI+ run-on solution, L&G takes on Royal Mail DC scheme
Relatively quiet ahead of major pension reforms coming into force
Industry says government may be ‘keeping its powder dry’ ahead of Pensions Commission’s final report
Changes will also be made to how tax due on excess lump sum death benefits is collected
Move will make it easier for people at the end of their life to access their pension savings
Government says the changes will be introduced in the Finance Bill 2027/28
Chancellor’s commitment comes after last-minute doubts
State pension expected to rise to £13,036
However, ahead of the Budget campaigners remain optimistic
Industry sets out predictions as speculation grows ahead of Wednesday