Tax limits drive value of FTSE 250 pensions down

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FTSE 250 executive pensions have fallen by 20% since 2010 as a result of changes to tax limits, according to LCP research.

Figures from LCP revealed the cost to employers of an average remuneration package fell by one-fifth, from £87,000 two years ago to £68,000 this year. New tax limits introduced in April 2011 cap...

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