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Spring Statement 2023

On March 15, 2023, Jeremy Hunt presented the Spring Budget, which contained several significant updates related to private pension schemes and protection provision, as previously reported by the media.

Chancellor Jeremy Hunt presented a “Budget for Growth,” following the Office for Budget Responsibility’s prediction of a robust performance from the UK economy this year and a continued decline in inflation.

Download our summary for you to gain a better understanding of the implications of these changes.

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The information contained within this article is for information purposes only and does not constitute investment advice. It is not an offer to purchase or sell any particular asset and it does not contain all of the information which an investor may require in order to make an investment decision. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.