Employers failing to support members after pension tax changes

Only a quarter of employers intend to assist members with their decision making

Martin Richmond
clock • 2 min read
Waites: Employers need to realise their responsibilities by giving additional support such as webinars, access to guidance or even financial advice
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Waites: Employers need to realise their responsibilities by giving additional support such as webinars, access to guidance or even financial advice

Employers are not doing enough to assist members affected by the allowance changes implemented during this year’s Spring Budget, research by Hymans Robertson has found.

Research undertaken by the consultancy during a recent webinar revealed nearly three quarters (74%) of employers did not have support in place for members affected by the changes to the lifetime al...

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