A date for the Autumn Statement has been announced, with the speech to parliament set to take place on Wednesday 25th November 2015.
One potential announcement that could be made during the Autumn Statement is new pension policy following a review of tax relief on pensions undertaken by the Treasury.
Nick was speaking on this subject in London today at the Investment & Life Assurance Group (ILAG) workshop.
Chancellor George Osborne will also present his Spending Review on the same day as the Autumn Statement.
Earlier this year, the government published ‘A country that lives within its means’ which outlined its priorities for a Spending Review in 2015 and the principles that will guide its decisions.
The Spending Review is expected to set out how the government will both invest in priority public services and deliver the £20 billion further savings required to eliminate Britain’s deficit by 2019/2020.
In addition the Autumn Statement and Spending Review, Osborne has requested that Office for Budget Responsibility chairman Robert Chote prepares an Autumn Forecast.
Here at Informed Choice we will be covering the Autumn Statement on the day, as well as producing a briefing note for our clients and professional contacts to describe the main personal finance and investing announcements made.
