UK - Alistair Darling, chancellor of the exchequer, released the UK government's Pre-Budget Report yesterday outlining reforms to the state second pension scheme (S2P) and corporate tax allowances for company pensions.
The proposals include a simplification of the rate at which S2P contributions accrue. Under the terms of the 2007 budget, the Upper Earnings Limit (UEL) was to be increased in line with the higher ...
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