Spring Statement: Chancellor bypasses pension reforms

Commitment to triple lock leads quiet mini-budget for pensions

Hope William-Smith
clock • 4 min read
Image Credit: HM Treasury/Flickr
Image:

Image Credit: HM Treasury/Flickr

Chancellor Rishi Sunak left little room for pensions in this year’s Spring Statement with the industry deeming the move a “missed opportunity”.

Against the background of the cost of living crisis and the ongoing economic impact of Russia's invasion of Ukraine, SEI client strategy director Cyprian Njamma said lack of pension reform was "und...

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

Nest Insight: 'Volatility premium' impacting millions of households

Nest Insight: 'Volatility premium' impacting millions of households

Income fluctuation leaves many families unable to effectively build savings

Jonathan Stapleton
clock 19 November 2024 • 3 min read
PRAG publishes master trust financial sustainability paper and updates TCFD guidance

PRAG publishes master trust financial sustainability paper and updates TCFD guidance

PRAG publications come ahead of its annual conference this week

Jonathan Stapleton
clock 18 November 2024 • 1 min read
Industry responds to DC and LGPS changes confirmed in Mansion House speech

Industry responds to DC and LGPS changes confirmed in Mansion House speech

Concerns about fewer individuals making decisions, member returns and sustainability

Jasmine Urquhart
clock 15 November 2024 • 5 min read
Trustpilot