Industry welcomes change but warns blocking powers for executors could cause delays
Regulator says industry has ‘critical role’ to play in warning and protecting savers
Insight Investment says DB surplus release policy could achieve ‘much more’
Commentators say speculation on pension issues has negatively impacted saver confidence
Measure will make it easier for trustees and employers to agree surplus extraction
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
Measure will come into force from April 2029
PP’s Endgame Summit will take place on 25 March in Central London