When does it make sense to reduce your salary? In this interview with PMI.tv, Tony Baily, principal consultant at Hewitt Associates, explains why it can make sense to use salary sacrifice to boost pension contributions
Tony, start by explaining to us, just precisely what is salary sacrifice? Salary sacrifice is where an employee exchanges the rights to receive some salary in place of some benefits instead. Now i...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
