The Independent Stakeholder Company warns that employees may miss out on a bonus of 12.2% when they pay contributions directly into stakeholder pensions from April.
This 12.2% represents something called a salary sacrifice and pension contributions by payroll deduction do not require the employer to pay National Insurance contributions on this part of the empl...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
