UK pensions face challenges in 2025 from government changes, a gender income gap, and rising costs.
The UK pensions industry faces a challenging year in 2025 with significant government plans impacting investments, small pension scheme consolidations, and inheritance tax changes. There's concern about unclear priorities and resistance to some proposals. Additionally, the industry tackles a gender gap in retirement income, where women expect £6,000 less annually than men. Technological advancements like AI are expected to improve advice, but cost pressures and employment law changes will also affect employers.
2 months ago
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