Industry dissatisfied with current salary sacrifice reforms

SPP poll finds majority of pension professionals surveyed want to scrap changes

Alex Levy
clock • 2 min read
Hitchiner: changes will result in higher costs to employees, including over 850,000 basic rate taxpayers, and employers
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Hitchiner: changes will result in higher costs to employees, including over 850,000 basic rate taxpayers, and employers

Over half of the industry is in favour of scrapping proposed reforms to salary sacrifice on pensions, according to the Society of Pension Professionals (SPP).

A poll taken during a recent webinar held by the organisation on the topic revealed 62% of over 250 pension professionals in attendance said they would like to see the reforms scrapped. Nearly a...

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