Pensions measures in the Autumn Statement 2023

Sixty-second summary

The Chancellor of the Exchequer, Jeremy Hunt, presented an Autumn Statement to the House of Commons on 22 November 2023. The pensions-related elements were dominated by updates on the ‘Mansion House’ initiatives, first mentioned in July 2023. The industry is bracing itself for another series of consultation exercises over the coming months.

Read our full Autumn Statement 2023 60-second summary for more detail on:

• Key defined contribution (DC) reforms
  
  
• Key defined benefit (DB) reforms
  
  
• LGPS investment reforms
  
  
• Lifetime allowance abolition
  
  
• Other announcements

If you have any questions on anything covered, please get in touch.