UK - Proposed new contracting-out rebates for employers sponsoring DB pension schemes would fall around £2bn short, more than double the figure touted by Mercer HR Consulting last week, according to Hymans Robertson, who accused government of not listening to the pension industry.
Government announced that the increased National Insurance rebates companies and individuals would receive when they contracted-out of the second tier of the state pension would rise from 5.1% to 5...
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