Mark Pemberthy says the effect of the cap will be felt acutely by payroll and benefits teams
Watchdog says behavioural impacts will also include employer contribution increases
LCP says year will be driven by regulation, tax relief and evolving member needs
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