Pensions UK Autumn Budget submission 2025

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Pensions UK Autumn Budget submission 2025

October 2025

The UK government's main economic mission is to deliver long-term, sustainable growth. This mission is deeply tied to its pension reform agenda, which is expected to play a key strategic role in supporting economic transformation and investment in the UK.

Our Budget submission covers four key areas, including pensions and growth, pensions tax relief, consolidation and auto-enrolment/state pension. Crucially, all proposed measures are intended to ensure investments benefit savers, so most people can expect an adequate standard of living in retirement.