Pre-Budget panic has 'got worse' with the current government

Industry commentators have cautioned the vast amount of speculation in the lead up to chancellor Rachel Reeves' Autumn Budget has had an impact on client behaviour and has generated uncertainty. The most often pointed to example of this involves rumoured pension tax free cash changes, which resurfaced again this year but have now reportedly been ruled out. Last year, some individuals rushed to make withdrawals. As the 26 November approaches, emotional intelligence expert and former financial planning manager James Woodfall told PA that the psychology from clients tends to be the same ...