AXA has called on the Government to increase National Insurance rebates for the current tax year bec...
AXA has called on the Government to increase National Insurance rebates for the current tax year because it believes that otherwise people will begin contracting back into the State scheme in huge numbers as the current rebate levels make contracting out unsustainable. Steve Folkard, head of pensions marketing says, 'our analysis of the level of rebates suggests that, at current levels, no-one should contract-out. In fact, our analysis shows that, unless the levels of rebate are increased, anyone who is currently contracted-out should contract back in.' AXA says it has change...
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