Should salary sacrifice be extended to lower-paid workers?

Kim Kaveh
clock • 4 min read

There have been calls to extend salary exchange rules to lower-paid earners. However, Kim Kaveh finds it would be very complicated and could cause problems for members

In his £1bn Autumn Statement raid in November 2016, Chancellor Phillip Hammond restricted many salary sacrifice benefits, which took effect from 5 April this year. Despite speculation for some t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Insight: From policy ambition to practical capital - the value of listed infrastructure investment companies

Partner Insight: From policy ambition to practical capital - the value of listed infrastructure investment companies

Minesh Shah, Managing Director, The Renewables Infrastructure Group
clock 16 June 2026 • 5 min read
PPI launches 2026 DC asset allocation survey

PPI launches 2026 DC asset allocation survey

Survey will inform the institute’s 2026 DC Future Book report

Martin Richmond
clock 15 June 2026 • 2 min read
Partner Insight: Unlocking Value in DC pensions – why active fixed income matters

Partner Insight: Unlocking Value in DC pensions – why active fixed income matters

Lee Hollingworth, Retirement & DC Solutions Director, explores the future adequacy problem facing the UK DC system, and how an active approach to fixed income investing could help improve retirement outcomes.

Lee Hollingworth Retirement & DC Solutions Director @ Royal London Asset Management
clock 15 June 2026 • 3 min read
Trustpilot