Measure will come into force from April 2029
The industry speculates on tomorrow’s Budget and discusses the impacts of possible reform
Potential cap on salary sacrifice contributions, Howden acquires EPFS, and government to reconsider rejection of Waspi compensation
ABI says two in five will save less into their pension if chancellor caps scheme
Budget change would hit the growth phase directly leading many to cut contributions
Darren Philp says UK companies must first look to themselves if they are short of capital
Reports say chancellor has also decided against cutting pension lump-sum withdrawals
Call for DC schemes to adopt a ‘UK-weighted’ fund as their default arrangement
MPC members narrowly vote to hold rates at five votes to four
Says upcoming budget will focus on ‘growth with fairness’