Rachel Reeves will become the first woman in UK history to deliver a Budget statement on Wednesday 30 October. But how exactly will the measures that she has announced become law – and how quickly?
That’s the question that host Leanne Pickering of Pivotal Paraplanning and James Jones-Tinsley of Barnett Waddingham tackle in this Assembly.
Together, Leanne and James explore how Budget measures contained in the Finance Bill are transformed into client advice – from Parliament, through providers, paraplanners, and other advice professionals – ensuring compliance with the latest laws and regulations.
Along the way, they explore examples of when things go well (like the pensions industry’s prep for A-Day) and when they don’t (the ongoing saga of lifetime allowance abolition).
You’ll learn about the stages that the Finance Bill must pass and why some changes can happen overnight while others take months to implement. Plus Leanne and James share some ideas about client questions during periods of uncertainty including sources of information that can be helpful.
Whether you’re puzzled by parliamentary processes and want to understand more, or just want to brush up on your knowledge of how Budget measures become a feature of your daily work, this conversation offers you a really accessible and interesting primer.