CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

St. James's Place says looming tax changes add complexity despite quiet Budget

By Public Technologies
  • St James's Place warned that previously announced tax measures will materially affect financial planning despite few major changes in the October 28 Budget.
  • Most unused pension funds and pension death benefits will enter inheritance tax calculations from April 2027, increasing estate-planning exposure.
  • Savings income outside ISAs and rental income will face tax rates four percentage points higher from April 2027.
  • Chancellor John Healey reversed the planned cash ISA limit reduction, retaining the £20,000 annual allowance for all savers.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. St James's Place Group plc published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk