Tax relief changes require major scheme overhauls

Jenna Towler
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Businesses must begin a major overhaul of their pension schemes in preparation for the proposed tax relief changes for high earners due to start in April 2011, Hymans Robertson says.

The consultant said the end of pensions tax relief for employees who earn more than £130,000 will post "significant challenges" to bosses. It added firms should look to reconfigure employee benefit...

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