Trustees could save scheme members thousands of pounds in tax if they retrospectively change their pension input periods to mirror the fiscal year, a consultant says.
Aon Hewitt principal Tony Baily warned that defined benefit members with an input period of 7 April to 6 April - the default PIP for members at A-Day - could be affected by the reduction in the ann...
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
