Displaying items by tag: Chancellor

Despite all the pensions-related fear and speculation that swirled around in the media during the weeks leading up to the Budget on 30 October, it was more of a case of ‘what didn’t happen to pensions’, rather than what did.

The first Labour Budget for 15 years takes place on 30 October.

When the Labour Party launched its pre-Election Manifesto in June, the main pensions-related commitment promised, “…a review of the pensions landscape.”

I’ve just received a very optimistic-sounding email from HMRC entitled, "A happy new tax year starts here.”

Chancellor Jeremy Hunt has reaffirmed the Government’s plans to give people one ‘pension pot for life’, moveable from job to job, despite concerns shared by the financial advice industry.

In the immortal words of the legendary French singer Maurice Chevalier, “Ah yes, I remember it well.” In this case, the rather incorrect prediction of the death of annuities.

The government must get its pension priorities right, as the lifetime allowance (LTGA) abolition draws nearer, writes James Jones-Tinsley of Barnett Waddingham.

The Spring Budget 2024 will take place on 6 March, the Treasury confirmed today.

In December 2022, the Financial Conduct Authority (FCA) released a Policy Statement entitled: “Improving Outcomes in Non-Workplace Pensions."

>>>In his new monthly column for SIPPs Professional, Barnett Waddingham SIPP expert James Jones-Tinsley looks at the difficult pensions road ahead for the Chancellor.