UK - Employees may be better off deferring payments into a pension scheme until their late 40s when the government's tax changes take effect, Scottish Life claims.
The new tax regime will entitle individuals to relief on scheme contributions worth up to a maximum of £215,000 per annum from April 2006. Under the current system, relief is restricted to aroun...
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