Cost £38bn in 2018/19
Budget 11 March
Senior staff working fewer hours
£38.4bn total pension tax relief
Six income tax band thresholds
Lower earnings limit rise to £104 per year
Branded 'missed opportunity'
The government is set to review an anomaly which sees lower-paid workers in the majority of master trusts lose out on tax relief, it has confirmed.
Also plan to scrap NI on contributions
Higher-rate clients should act now
'Pressure to do something'
Master trusts make up 35% of workplace savings market
Latest HMRC figures reveal scale of relief
Tax changes expected to generate £164m
No pension tinkering this Budget
Speaking at TISA conference