Master trusts failing low paid earners on pensions tax relief

Victoria Tichá
clock • 3 min read

Low income earners in the majority of master trusts are missing out on tax relief on their retirement savings due to a legislative technicality, according to research.

While master trusts have grown to represent over 35% of the workplace savings market and account for the savings of over seven million defined contribution (DC) scheme members in the UK, only three...

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