Scrapping salary sacrifice, rumoured to be part of the 8 July Budget, would do more harm than good but is likely to be high up on the Chancellor's agenda, providers have said.
Salary sacrifice, where employees give up part of their salary in exchange for other benefits including pension contributions, currently costs the government about £15bn a year. The benefit means as...
In last four years
'On the surface, flat-rate tax relief is very appealing'
Opportunities and drivers
Out of sight, out of mind?
Industry Voice: How climate change can impact return expectations and what this means for multi-asset investors
Climate change affects the long-term asset class return assumptions that underpin portfolio construction and multi-asset investors need to consider its implications carefully.
Stewardship being 'transformed by pension schemes'
Jones takes on the brief after five years on the board, serving and chairing committees