Taxation of high earners pension contributions is the final nail in the coffin of defined benefit provision, Hargreaves Lansdown claims.
The firm said the small print of the budget revealed the change to the tax treatment of pension contributions for those earning more than £150,000 a year will generate £3.1bn in the 2012/2013 tax y...
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
