Ros Altmann: Net pay schemes with low earners could become future scandal

James Phillips
clock • 2 min read

Businesses who use a net pay arrangement for defined contribution (DC) funds should reconsider enrolling their lowest earners into that scheme, Baroness Ros Altmann has said.

Employees earning less than £11,500 - the personal tax allowance - will miss out on a 25% government bonus, provided via tax credit, if they are put through this system, the former pensions ministe...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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