Spring Statement: Pensions updates to look out for

Chancellor Rishi Sunak will deliver his mini-budget later today

Hope William-Smith
clock • 6 min read
Spring Statement: Pensions updates to look out for

The industry has been speculating on what chancellor Rishi Sunak might announce for pensions in the Spring Statement today (23 March) with triple lock, auto-enrolment (AE) and tax changes leading the discussions.

As we head into the new financial year, AJ Bell estimates that interest payments on government debt soared from £37.5bn to £67bn during 2021/22 after increased focus on the Covid-19 crisis dominate...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: HMRC to close pensioner tax trap

News Digest: HMRC to close pensioner tax trap

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 January 2025 • 1 min read
Issues around 'persistent' gender pensions gap expected to become more 'acute', WPC told

Issues around 'persistent' gender pensions gap expected to become more 'acute', WPC told

Industry says issues are becoming more ‘acute’ for younger generations

Martin Richmond
clock 22 January 2025 • 5 min read
HMRC overhauls pension withdrawal tax system after ten-year campaign

HMRC overhauls pension withdrawal tax system after ten-year campaign

Former pensions minister welcomes ‘victory’ ending system which overcharged pensioners by £1.3bn

Jasmine Urquhart
clock 22 January 2025 • 4 min read
Trustpilot