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...

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Holly Roach
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Holly Roach

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