How will challenging NIC reforms impact DB schemes?

DB is to become more costly under reforms to NI contributions. PP looks at the options for sponsors.

Kristian Brunt-Seymour
clock • 4 min read

DB schemes could become more costly for sponsors as a result of government reforms to national insurance contributions. Kristian Brunt-Seymour explores the options.

At a glance: Increase in NIC costs depends on scheme membership and accrual rate Companies can absorb costs, pass onto employees, or amend scheme rules Unions have tried to block em...

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