Autumn Budget 24: How Labour's announcements impact the pensions industry

Pensions industry reacts to chancellor Rachel Reeves’ first Budget

Holly Roach
clock • 6 min read
Picture by Kirsty O'Connor / Treasury
Image:

Picture by Kirsty O'Connor / Treasury

Chancellor Rachel Reeves earlier today (30 October) delivered the first Budget of this parliament and the first from a Labour government for more than 14 years.

The UK's first female chancellor confirmed she will raise taxes for the UK by £40bn, but chose not to target workplace pensions when seeking to raise tax revenues. Several among the industry hav...

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

Access appoints private equity allocators

Access appoints private equity allocators

Adams Street Partners and HarbourVest Partners appointed to LGPS pool

Jasmine Urquhart
clock 11 March 2025 • 2 min read
Annuity rates reach 15-year highs in 2025

Annuity rates reach 15-year highs in 2025

Analysis finds guaranteed income for life rates see 70% increase compared to four years ago

Martin Richmond
clock 11 March 2025 • 2 min read
Buzz: Is there sufficient market capacity for an uptick in data work?

Buzz: Is there sufficient market capacity for an uptick in data work?

Data work capacity, ‘reshaping’ of DC market and legal guidance on trustees’ fiduciary duty

Professional Pensions
clock 11 March 2025 • 1 min read
Trustpilot