How do you calculate how hard DB members will be hit by the new annual allowance rules? Our step-by-step guide to calculating deemed contributions for DB schemes will show you how.
We use the example of a member who has been a member of a 1/60th final salary scheme for 34 years and gets a 20% pay increase from £60,000 to £72,000. Such a member would see his or her tax liab...
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