Some trustees risk their members being entitled to benefits based on uncapped salary when old Inland Revenue limits fall away after April 5, lawyers warn.
Sackers partner Robin Simmons urged trustees to check their A-Day amending deeds – or put new ones in place before 5 April – or risk losing old Inland Revenue limits, which means scheme members cou...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date