3 Feb 2025  •  Newsfeed  •  1min read

Government announces pension reforms

Working people and businesses are set to benefit from new rules that will give more flexibility over how occupational defined benefit pension schemes are managed, according to the UK government.

At a meeting hosted in London on January 28, 2025, leaders of Britain’s biggest businesses gathered to hear Keir Starmer, the prime minister (PM), and Rachel Reeves, the chancellor of the exchequer, set out the details of the changes.

Get all blogs delivered to your inbox

By subscribing to our blog, you agree to receiving our monthly blog update and newsletter. You can unsubscribe at any time. The security of your personal data is very important to us and we will never sell your data to other companies. You can read more about how we protect your information and your rights by reading our privacy notice.