Is this the beginning of the end for salary sacrifice?

Budget documents reveal the government is mulling a clampdown on the range of benefits available under salary sacrifice arrangements, writes Kristian Brunt-Seymour.

Kristian Brunt-Seymour
clock • 4 min read

Budget documents reveal the government is mulling a clampdown on the range of benefits available under salary sacrifice arrangements, writes Kristian Brunt-Seymour.

At a glance: Salary sacrifice requests to HMRC risen by over 30% since 2010 Treasury could discourage the excessive use of salary sacrifice   The future for salary sacrifice schemes loo...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Just one third confident in making retirement decisions, TPT says

Just one third confident in making retirement decisions, TPT says

Pension provider set to launch new DC proposition in H2 as it releases findings

Jasmine Urquhart
clock 23 April 2024 • 1 min read
Industry split on whether pausing AE contributions should be permitted

Industry split on whether pausing AE contributions should be permitted

Buzz survey finds no majority in opinion on allowing employees to halt their contributions

Martin Richmond
clock 23 April 2024 • 3 min read
Industry calls for ban on pension switching incentives

Industry calls for ban on pension switching incentives

PP survey finds 61% back calls for ban and voice concerns over need for the practice

Jonathan Stapleton
clock 23 April 2024 • 2 min read
Trustpilot