Well-trailed Autumn Budget 'not as dramatic as expected'

Although speculation around pensions tax-free cash was ‘unhelpful’

Isabel Baxter
clock • 4 min read

The Autumn Budget was “well-trailed” by the media in the lead-up, with many of its key elements having been anticipated ahead of time, Key Later Life Finance’s CEO told Professional Adviser.

Digesting chancellor Rachel Reeves' first Budget, Key Later Life Finance CEO Will Hale said the advance notice to an extent from the media on some on the potential Budget changes allowed the market and industry to prepare for the shifts, particularly concerning the government's efforts to address the £22bn public finance shortfall. "A few things maybe came in that we didn't quite see coming, and then a few things didn't come in which we were expecting to, but I certainly think it was probably not as dramatic as I was expecting in some ways." However, Hale did note the damage that medi...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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