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FTSE chiefs hit out at ‘damaging uncertainty’ ahead of the Budget
Yahoo Finance· 2025-10-23 18:38
Britons are concerned that Rachel Reeves will cut back the tax-free lump sum tat pensioners can withdraw from pots - Joe Giddens/PA FTSE bosses have warned “damaging uncertainty” about Rachel Reeves’s Budget is undermining the pensions industry and harming the property market. Michael Summersgill, the chief executive of investment platform AJ Bell, said a failure by the Chancellor to rule out changes to pension tax rules had sparked concern among the public and removed vital stability from the market. S ...