Almost 1million to Cut Back on Pension when HMRC Rules Change

Almost 1million to cut back on pension when HMRC rules change

Experts say many people don't even know the changes are coming

Pensions alert: 'Confusion is widespread' as Rachel Reeves's salary sacrifice changes loom

Thousands of pension savers are already rethinking how much they put aside for retirement as major changes to salary sacrifice rules approach, new research suggests.Around one in 10 savers expect to reduce their pension contributions once the reforms come into force in April 2029, a survey carried out by Yonder Consulting for Pensions UK found.The research was conducted in December among more than 1,500 non-retired individuals.It found that 28 p…

HMRC pension changes may see one in 10 retire with less, says new research

Pension changes could see one in 10 workers reduce their contributions, risking a reduction in their overall retirement fund, says new research.

Some pension savers 'expect to reduce contributions following salary sacrifice changes'

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