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Reductions to pensions tax allowances mean your employees are increasingly likely to be impacted by the Annual Allowance and Lifetime Allowance.
Right now, a lot of your employees’ benefits might be going straight to the taxman. Luckily, our experts can review and restructure your employees’ pensions to make them more tax efficient and maximise their benefits. We can do this in the following way:
We use modelling and analysis to identify which pension scheme members are affected, and the size of the problem.
We help you put in place procedures to ensure your employees are informed of the issues and get timely support and information.
We help you explore the many ways to restructure future benefits to ensure they are provided in the most tax-efficient way.