News

Majority think LPFA is ‘trustworthy and reliable’ and agree pensions are ‘well-run’

Salary sacrifice cap, pre-97 inflation protection, DB surplus release, IHT and British Coal scheme

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