Three weeks leaves 'no time' for trustees to explain £90,000 taper raise

Hope William-Smith
clock • 1 min read

The government has left pension schemes with insufficient time to prepare members for changes to tapered annual allowance thresholds, due to come into effect from 6 April.

Chancellor Rishi Sunak announced the planned changes in yesterday's Budget, confirming the taper - which currently reduces the annual allowance by £1 for every £2 earned over £110,000 - would rise ...

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