Autumn Statement 23: A close look at what advisers must watch for

Chancellor Jeremy Hunt will address parliament later this morning

Hope Coumbe
clock • 5 min read

Chancellor Jeremy Hunt is poised to unveil his 2023 Autumn Statement today (22 November) on the back of continuing economic volatility and market uncertainty.

Advisers will have plenty to keep an eye on later this morning when Hunt lays down his plans to parliament in what will be his second Autumn Statement as chancellor. After a quiet Spring Budget earlier this year for the financial planning sector, a noticeably busier agenda is rumoured for today as the Conservative Party look to win favours with tax tinkering. With about £25bn of headroom to meet his fiscal targets, Kingswood chief economist Rupert Thompson said Hunt might be "able to pull some tax cuts out of the hat". Inheritance tax Likely top on the agenda in the advice wo...

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

London still the top city in Europe for investing in financial services

London still the top city in Europe for investing in financial services

According to EY’s latest Attractiveness Survey for financial services

Valeria Martinez
clock 20 May 2024 • 1 min read
Only 13% of financial advisers today began as paraplanners

Only 13% of financial advisers today began as paraplanners

Majority of financial advisers bypass paraplanning, survey reveals

Sahar Nazir
clock 20 May 2024 • 1 min read
Advisers sound alarm on £442m wasted on LoA inefficiencies

Advisers sound alarm on £442m wasted on LoA inefficiencies

Regulator should play ‘proactive role’ in addressing LoA inefficiencies

Sahar Nazir
clock 17 May 2024 • 5 min read