Salary-sacrifice pension contributions over £2k to face national insurance charge
Rachel Reeves has announced that salary-sacrificed pension contributions above an annual figure of £2,000 are to be subject to national insurance charges.
Rachel Reeves is unlikely to raise the basic rates of income tax and national insurance in order to avoid breaking a promise to protect "working people" in the budget.
Gary Neville has criticised the government's national insurance (NI) rise this year, saying it could deter companies from employing people and "probably could have been held back".
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A savings and retirement services group backed by Apollo Global Management is closing in on a near-£6bn takeover of Pension Insurance Corporation (PIC), one of the City's biggest specialist insurers....
03-07-2025, 01:44 AM
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