Pension holders lack confidence in Jeremy Hunt as chancellor

Savers say the government lacks a clear strategy for improving outcomes

Sahar Nazir
clock • 1 min read

Less than a quarter (24%) of UK adults with a pension plan have confidence in Jeremy Hunt as chancellor.

This is according to a survey conducted by at-retirement specialist My Pension Expert among 2,000 adults across the UK between 25 and 31 July 2023. The lack of confidence in the chancellor reflected the broader sentiment of uncertainty and dissatisfaction among pension holders, according to the study. Just 23% said they have confidence that the government will achieve its goal of bringing inflation under 5% by the end of 2023. The majority (56%) think the government lacks a clear strategy for improving outcomes for UK pension planners. Policy director Lily Megson said: "This res...

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 Your profession

Chancellor Rachel Reeves to deliver Autumn Budget on 26 November

Chancellor Rachel Reeves to deliver Autumn Budget on 26 November

Treasury confirms date of highly anticipated budget

Isabel Baxter
clock 03 September 2025 • 2 min read
M&G returns to positive flows in H1 2025

M&G returns to positive flows in H1 2025

58% of AUMA from international clients

Patrick Brusnahan
clock 03 September 2025 • 1 min read
Growth rethink: Tech, talent and consolidation drive change in financial planning

Growth rethink: Tech, talent and consolidation drive change in financial planning

Professional Adviser talks to four firms about how they’re rethinking growth

Sahar Nazir
clock 02 September 2025 • 3 min read