image image

    A pivotal moment for UK DB pensions: Autumn Statement 2023

    A pivotal moment for UK DB pensions: Autumn Statement 2023

    22 November 2023 Solutions
    Watch Paul Richmond, Deputy Head of Solution Design, offer a brief outline of the implications of UK Chancellor Jeremy Hunt’s 2023 Autumn Statement for defined benefit (DB) pensions.

    He covers:

    • The current environment for UK corporate DB pension schemes
    • The key proposals in the Autumn Statement relevant to corporate DB pensions
    • The immediate implications for members, trustees and sponsors

    Key points include:

    • The proposals confirm government support for DB schemes seeking to run on for longer
    • Significant barriers are being removed, helping schemes consider a wider range of options
    • We expect more schemes will decide to run on for longer
    Download transcript
    Back to top