Aspira Inform - Workplace pensions

Budget 2020 Briefing - Employee Benefits

Kay Ingram

0 Comments 25 March 2020

Pensions Savings Boost Before the Budget there was much speculation that pension savings tax relief, currently available at the taxpayer’s marginal rate of income tax, would be cut and that employer contributions could become subject to tax and national insurance. We lobbied MPs against making such…

Avoiding the Motherhood Penalty

Kay Ingram

0 Comments 19 March 2020

Despite a record number of women in employment, women are still less well prepared for retirement than men. The average pension pot for a 65-year-old woman in the UK is £35,800, 1/5 th that of the average 65-year-old man.1 The gender pay gap (8.9%)2 is partly responsible for the difference in men…