In the 2015 Summer Budget, the government announced yet another reduction to the tax relief available on pension savings, this time targeting individuals earning more than £150,000 per year. Proposed changes to the Lifetime Allowance, announced in the March Budget, were also confirmed.
The pensions salary sacrifice cap may seem like a long way off, but it’s not too soon to prepare for what’s ahead and to understand how your peers plan to mitigate the impact.
This REBA webinar focused on balancing compliance with member outcomes in corporate pension strategies, and managing costs, risks, and responsibilities while helping employees achieve better financial futures.
Having pension and savings data at your fingertips, along with targeted support, helps employees take charge of their actions for a healthier future for them and their families.
There is a significant disconnect between how employers perceive pension engagement and how employees actually experience their workplace pension. Tackling this gap should be a priority if both sides are to get true value out of their investment, argues Cushon’s Steve Watson.
