ACA: Tax relief changes forced higher earners to leave schemes

clock • 3 min read

Changes to pension tax relief in recent years have already caused schemes to lose members on higher incomes, according to research from the Association of Consulting Actuaries (ACA).

Its Time to pull together survey which sought views on potential further reform, found that 31% of the 477 employers polled said reductions to tax relief and complexities of the regime had led to h...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR urges small DC schemes to 'improve or consolidate' if not acting on climate risks

TPR urges small DC schemes to 'improve or consolidate' if not acting on climate risks

Regulator confirmed it will continue to educate and support trustees on climate risks

Holly Roach
clock 10 April 2025 • 2 min read
Operations staff at Gatwick Airport to strike amid dispute over pension payments

Operations staff at Gatwick Airport to strike amid dispute over pension payments

Hundreds set to strike over Easter due to issues including pensions ‘not being paid’

Holly Roach
clock 10 April 2025 • 1 min read
Women in Pensions 2025: Nominees revealed!

Women in Pensions 2025: Nominees revealed!

People have been nominated in their hundreds for this year’s awards

Professional Pensions
clock 10 April 2025 • 19 min read
Trustpilot