Cost of removing employer NI relief will be passed on to employees

SPP says workers will bear the cost if chancellor axes NI pension contribution exemption

Jasmine Urquhart
clock • 2 min read
Cost of removing employer NI relief will be passed on to employees

The cost of removing employer national insurance (NI) pension exemptions will be passed onto employees, the Society of Pension Professionals (SPP) says.

The industry group's comments come as rumours increase that the chancellor will look to impose NI on employer pension contributions as part of her Budget on 30 October. SPP immediate past-presid...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Regulation

Hymans Robertson publishes CDC paper

Hymans Robertson publishes CDC paper

Paper encourages industry to learn from international experience and to envision new investment strategies

Jasmine Urquhart
clock 17 October 2025 • 2 min read
Most think DB Funding Code needs more consideration

Most think DB Funding Code needs more consideration

LCP poll finds three quarters of industry think there is more they need to consider about the code

Jasmine Urquhart
clock 13 October 2025 • 1 min read
What are the Green Party's pension policies?

What are the Green Party's pension policies?

Professional Pensions looks at the party’s taxation, climate and investment policies

Jasmine Urquhart
clock 02 October 2025 • 4 min read
Trustpilot