Government is set to lay out its detailed response to Lord Hutton's reform proposals later today, with contribution hikes set to be limited to workers earning more than £15,000.
Treasury chief secretary Danny Alexander (pictured) is expected to announce workers on less than £15,000 will be exempt from an average 3 percentage point increase in contributions, with workers on...
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
