Publication|
29 December 2025

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Welcome to the December edition of P5, our monthly “snapshot” of the hottest topics in pensions. Designed to give you the important headlines in just five minutes.

This month we cover:

  • Autumn Budget 2025
  • Transfer conditions
  • PPF levy
  • CDC schemes
  • Section 37 certificates
  • Data quality
  • Abolition of the lifetime allowance
  • Targeted support