'Silent night'

Fears that the Government would mount a raid, in one form or another, on pension savings at this year’s Autumn Statement proved to be misplaced. The speech on 17 November 2022 made only two announcements about pensions, on the Basic State Pension and Pension Credits, neither of which directly impact our trustee readership.

Given the current economic climate, it is welcome that the Government has given trustees a 'silent night' ahead of Christmas and have not been tempted to extract more from retirement savings - well, at least, not right now.

Read our latest update on recent regulatory and legal developments for trustees of small self-administered pension schemes.

In this update we look at:

• Technical updates for SSAS trustees
• Regulatory reporting requirements 2021/22

Speak to our experts Peter Clarke or Patrick Moriarty for more information.