Budget wish lists: Advisers share hopes and fears ahead of 26 November

Is increasing income tax the chancellor’s ‘least worst’ option?

Jenna Brown
clock • 9 min read

With November 26 fast approaching, PA gauged adviser sentiment ahead of the chancellor’s Budget speech...

We are just days away from Rachel Reeves taking centre stage to deliver the 2025 Autumn Budget. Speculation has been intense, with a wide range of possible changes floated in the national press. Potential changes to pension tax-free cash spooked retirees across the country, causing a rush to access pension pots, with and without financial advice. The regulator deemed the dash for cash serious enough to point out that once the tax-free element is taken out, it cannot be undone. Rumours have also swirled about an income tax increase, in direct contradiction to Labour's manifesto pled...

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