'Mounting anxiety' from Autumn Budget leading to more financial advice enquiries

The Budget, which took place on 26 November, revealed several policy changes, including to salary sacrifice and cash ISA limits. Chancellor Rachel Reeves revealed at the time that salary pension contributions will be capped at £2,000. The government will in 2029 limit the amount of someone's salary that can be sacrificed through pension contributions without incurring National Insurance payments to £2,000. Reeves also said that the cash ISA annual allowance will be cut from £20,000 to £12,000 for those under the age of 65. Unbiased found that from 26 November to 28 November, enquir...