26 November 2025
The Chancellor of the Exchequer, Rachel Reeves, has delivered her long-awaited Autumn Budget, amid mounting pressure on public finances and sluggish economic growth.
The headline announcements include the freezing of national insurance and income tax thresholds for an extra three years beyond 2028, an increase in the national living wage and the abolition of the two-child benefit cap.
The IFoA Policy and Public Affairs Team have compiled a member briefing with further detail, outlining the key measures for the actuarial profession.
View full member briefing (PDF, 300 KB)