FTSE 250 executive pensions have fallen by 20% since 2010 as a result of changes to tax limits, according to LCP research.
Figures from LCP revealed the cost to employers of an average remuneration package fell by one-fifth, from £87,000 two years ago to £68,000 this year. New tax limits introduced in April 2011 cap...
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