By Sam Grice

The Autumn Budget has left many people unsure about how best to financially prepare for the future.

At a time when households want clarity, we’ve seen the introduction of significant changes that may, and should, prompt people to review their long-term plans.

This shifting landscape is where life insurance can play a greater role.

Among the measures announced, the new £2,000 cap on tax-free salary sacrifice for pension contributions marks a major shift.

For decades, pensions have been considered one of the most reliable ways to prepare for later life. Now, many people are taking a closer look at the role their pension plays in their long-term planning.

This cap arrives alongside last year’s decision to bring most unspent pension funds into inheritance tax calculations from 2027, another change that challenges long-held assumptions people have used to guide their long-term financial decisions and estate planning strategies.

It is little surprise, then, that people are starting to........

© LBC