Schemes warned over 2011 earnings cap expiry

clock

Schemes could face an unexpected funding hit when the transitional Inland Revenue earnings cap installed on A-Day expires next year, a lawyer warns.

The issue relates to the £108,600 earnings limit – the point over and above which final salary members no longer receive contributions from their employer. On 6 April 2006, HM Revenue & Customs ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB aggregate surpluses see £31bn year-on-year rise, XPS finds

DB aggregate surpluses see £31bn year-on-year rise, XPS finds

DB:UK Funding Watch finds DB schemes ended 2025 in a ‘strong financial position’

Martin Richmond
clock 19 January 2026 • 1 min read
Partner Insight: Unlocking the value of surpluses - The implications of Aberdeen's landmark deal

Partner Insight: Unlocking the value of surpluses - The implications of Aberdeen's landmark deal

Bina Mistry and Mark Daniel at WTW
clock 16 January 2026 • 3 min read
PPF 7800 aggregate DB surplus rises by £2.1bn in December

PPF 7800 aggregate DB surplus rises by £2.1bn in December

Lifeboat fund’s 7800 Index shows surplus stood at £259.7bn at the end of 2025

Martin Richmond
clock 13 January 2026 • 2 min read
Trustpilot