Industry expresses concern over potential pension changes in Budget

'Extreme' concern over potential changes in pensions

Sahar Nazir
clock • 1 min read

Industry professionals are “extremely concerned” about pension changes in the upcoming Budget later this month.

According to the latest Professional Adviser poll, 43% of professionals expressed extreme concern over potential changes, whilst nearly a quarter (24%) said they are "moderately concerned". A key issue raised by those extremely concerned is the constant policy shifts, which they argue undermine long-term planning and erode public trust in pensions. One respondent criticised frequent changes to pension rules, calling for stability: "Pensions are a long-term savings vehicle... How can they (and their advisers) plan effectively...

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

Why more financial advisers should post on TikTok

Why more financial advisers should post on TikTok

‘In 2026, financial advisers should take another look at TikTok’

Joe Jordan
clock 23 February 2026 • 4 min read
Treasury's AR consultation: Extending the FOS' scope a 'concern'

Treasury's AR consultation: Extending the FOS' scope a 'concern'

‘FOS needs to be overhauled as it is’

Isabel Baxter
clock 19 February 2026 • 4 min read
In Accord launches advice firm client investment 'badge' initiative

In Accord launches advice firm client investment 'badge' initiative

To demonstrate commitment to understanding client needs

Laura Purkess
clock 17 February 2026 • 2 min read