Editor's View: A busy Autumn Statement week for the pensions world

The editor's Friday Night Takeaway from 24 November

Hope Coumbe
clock • 1 min read

Another autumn, another budget.

While many in team PA hit the road again for the Retirement Planning Roadshow this week, it was all going on in parliament. The abolition of the pensions lifetime allowance announced in this year's Spring Budget was confirmed to be on schedule for next April in what proved to be our most popular Autumn Statement story of the week. Chancellor Jeremy Hunt also confirmed he was getting rid of the Class 2 National Insurance (NI) for self-employed workers as well as cutting NI by two percentage points for everyone else. Much to many advisers' disappointment, inheritance tax was once again left o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Partner Insight: Can advisers help narrow the gender wealth gap?

Partner Insight: Can advisers help narrow the gender wealth gap?

There are plenty of ways the advice industry can help women on their financial journeys and alleviate some of the disadvantages of those gaps.

Sarka Halas
clock 18 December 2024 • 2 min read
Partner Insight: How to prepare your clients for the great wealth transfer

Partner Insight: How to prepare your clients for the great wealth transfer

Financial advisers are facing significant complexity in their planning for clients amid the generational wealth transfer that is coming.

Sarka Halas
clock 11 December 2024 • 2 min read
Partner Insight: How to talk to clients about approaching retirement

Partner Insight: How to talk to clients about approaching retirement

From how much clients should be saving towards retirement, to dipping into pension pot, tax implications and more, Lisa Conway-Hughes, chartered financial adviser at LCH Wealth answers our questions on retirement planning.

Sarka Halas
clock 05 December 2024 • 1 min read