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Millions of pensioners could be impacted by changes announced in the Autumn Budget on Wednesday.

Chancellor Rachel Reeves is preparing to deliver the second budget for this Labour Party government.

On November 26, any number of financial alterations could be made, including capping salary sacrifice schemes.

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Pensions UK and the Federation of Small Businesses (FSB) have sent a joint letter to the Chancellor urging her not to cut the benefit relief.

The letter reads: “Limiting salary sacrifice will hit working people trying to save for a better pension in retirement – including those on lower-than-average earnings for whom every penny counts both in working life and at retirement.

“I

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