The 2025 Autumn Budget: What It Means for Your Wealth, Your Pensions, and Your Legacy
Let’s make a plan that helps you truly thrive—not just get by.
The 2025 Autumn Budget is landing, and with it, a wave of updates that could shape your financial future. Whether you’re a business owner, a high earner, or someone with well-built pension savings, now’s the time to take a closer look.
At Thrive Together Financial Planning, I help clients cut through the jargon to focus on what actually matters — making sure your money is working hard, your future is protected, and your legacy is secure.
Pension Planning: What’s Changing and Why It Matters
The government’s upcoming 2027 pension reforms mean that pensions will begin to form part of your estate for Inheritance Tax (IHT). For many, this could mean a significant change to how your wealth is passed on.
If your pension pot is over £250,000, you may now need to think differently about how you draw benefits, how much you contribute, and whether trust planning could help reduce future IHT exposure.
Quick tip:
If you haven’t reviewed your pensions in the last 12 months, now’s the time. Pension rules evolve — your plan should too.
Inheritance Tax (IHT): Why It’s on Everyone’s Radar
The IHT threshold hasn’t shifted in years, but rising property and pension values mean more families than ever will fall into the tax net. With changes expected in 2027, proactive estate planning is key.
Think about:
Gifting to reduce the size of your taxable estate
Trusts as a way to protect assets for the next generation
Spousal and family allowances, often overlooked but incredibly valuable
It’s about protecting what you’ve worked so hard for — not paying the taxman take more than you need to.
The Bigger Picture: Market Conditions & Inflation
Markets remain unpredictable, and inflation still has bite — but these challenges can also create opportunity. Reviewing your investment mix and ensuring it aligns with your goals can help smooth volatility and protect long-term growth.
As always, avoid emotional investment decisions driven by market noise. A clear, well-diversified plan beats knee-jerk reactions every time.
Real Client Story: Retiring Early, With Confidence
Recently, a client in their early 50s came to me unsure if early retirement was possible. After reviewing multiple pensions, consolidating where appropriate, and building a sustainable withdrawal plan, we found they could retire five years earlier than expected — with total confidence their income would last.
That’s what financial planning does: it turns uncertainty into clarity.
What To Do Next
The next few months are a crucial window for planning. Between now and the end of the tax year, small strategic moves can make a huge difference to your long-term position.
If you’re unsure where to start — or if you’re wondering how these Budget updates could affect your finances — now is the time to have that conversation.
Final thought
Let’s review your pensions, investments, and estate planning to ensure your wealth keeps working for you — and not against you.
👉 If you want to thrive tomorrow, the best time to start is today.
Book a free consultation today: www.thrivetogetherfp.co.uk/contact
⚠️ This blog is for informational purposes only and does not constitute financial advice. Tax rules depend on individual circumstances and are subject to change. The value of pensions and investments can fall as well as rise. You may get back less than you invested. Always seek personalised advice before taking action.
