Employers could face 'massive hit' due to NIC pension relief loss

Hymans Robertson said costs could be ‘substantial hit’ to bottom line

Holly Roach
clock • 1 min read
Employers could face 'massive hit' due to NIC pension relief loss

Employers could face “massive hit” as a result of national insurance contribution (NIC) pension relief removal, Hymans Robertson warns.

The consultancy said employers, especially those wanting to improve retirement income for employees by contributing more than the minimum auto-enrolment (AE) requirement, would be affected. The fir...

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

More on Industry

Industry 'encouraged' by draft CDC code but warns of 'unnecessary' burden

Industry 'encouraged' by draft CDC code but warns of 'unnecessary' burden

The pensions sector has responded to TPR’s consultation on the new CDC code of practice

Holly Roach
clock 13 February 2026 • 6 min read
Industry in favour of moving new public sector staff into DC schemes

Industry in favour of moving new public sector staff into DC schemes

PP poll finds 79% of respondents back findings of report by Policy Exchange

Martin Richmond
clock 13 February 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Deloitte scheme and Standard Life’s £700m buy-in, Aviva fast-track process for buyouts, WTW BPA market predictions

Professional Pensions
clock 13 February 2026 • 1 min read
Trustpilot