Salary sacrifice: A reminder of the benefits for clients

'No real downside to salary sacrifice if done correctly'

clock • 4 min read

Claire Trott runs through the benefits of salary sacrifice, which she says, if done correctly is a no-brainer...

With the cost of living crisis in full swing and clients understandably eager to limit unnecessary spending, pension planning is likely to be far down the agenda for many. As advisers, it is important to ensure that, where possible, clients do not sacrifice their future savings completely and are aware of the different tips and tricks available to them to maximise the money going into their pension, despite the current economic turmoil. One particularly attractive tip worth highlighting to clients is salary sacrifice. It has become common practice for employees to sacrifice part of th...

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