salary sacrifice

Chris Curry looks at how Budget measures may give the new Pensions Commission a bigger adequacy gap to fill

Government releases impact assessment

Number of companies using salary sacrifice rose from 77% in 2023 to 83% in 2025

Autumn Budget pension announcements and IGG buys KGC Associates

Salary sacrifice cap, pre-97 inflation protection, DB surplus release, IHT and British Coal scheme

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

The industry has responded to the chancellor’s decision to cap salary sacrifice for pensions at £2,000

Measure will come into force from April 2029

Potential cap on salary sacrifice contributions, Howden acquires EPFS, and government to reconsider rejection of Waspi compensation

Reports say chancellor has also decided against cutting pension lump-sum withdrawals