Riding the aftershock of the Pre-Budget Report

Professional Adviser
clock

Jo Smith, consultant at Teamspirit, explains exactly what the pre-Budget report means for pensions ahead of A-Day as well as the implications and remedies now for both clients and intermediaries.

One week on, is the dust is beginning to settle following the chancellor’s bombshell pre-Budget announcement on pension investments? In general, the industry seems to have a degree of sympathy over the move. But the reality is the implications stretch much further than the wealthy individuals who the chancellor has decided would be the undeserving beneficiaries. There are dramatic implications for advisers, providers and the under-pensioned consumers out there too, particularly when we overlay this dramatic u-turn with the publication of the Pension Commission Report just a few days befo...

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 Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read