High earners face large additional tax bills on the build-up of their pension after 6 April 2016. How have employers responded to these changes and what should they be thinking about post April 2016?
The changes to the Annual and Lifetime Allowances (AA and LTA) will impact higher earners, some of whom could find that the maximum amount that they can contribute reduce to £10,000 p.a. (from the current £40,000 p.a. limit).
We are pleased to invite you to a webinar where our pensions taxation experts will discuss:
- A brief overview of the pensions tax regime from April 2016
- The various options employers have utilised in tackling these changes
- How employers can continue to actively engage, communicate and educate those affected